Friday, February 3, 2023
HomeMarketEuropean stocks extend positive streak for second session

European stocks extend positive streak for second session

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European stocks rose Wednesday, as the Stoxx Europe 600 index
SXXP,
+0.60%
closed up 0.60% to 438.82.

The French CAC 40 index
PX1,
+0.32%
gained 0.32% to 6,679.09, the FTSE 100 index
UKX,
+0.17%
increased 0.17% to 7,465.24 and the German DAX
DAX,
+0.04%
was flat at 14,427.59.

Of the Stoxx Europe 600 constituents, software company Nemetschek SE
NEM,
+8.07%
saw the largest increase Wednesday, as shares gained 8.1%.

Shares of passenger airlines firm Wizz Air Holdings PLC
WIZZ,
+5.47%
and pharmaceuticals company Idorsia Ltd.
IDIA,
+4.97%
gained 5.5% and 5.0%, respectively.

Hargreaves Lansdown PLC
HL,
+4.53%,
an investment advisors company, and industrial machinery firm Rotork PLC
ROR,
+4.41%
rounded out the top five largest increases as their stocks gained 4.5% and 4.4%, respectively.

Shares of multiutilities company Uniper SE
UN01,
-8.39%
saw the largest drop of the Stoxx Europe 600 constituents, as shares declined 8.4% on Wednesday.

Shares of major international banks firm Credit Suisse Group AG
CSGN,
-6.12%
and electric utilities company Endesa S.A.
ELE,
-5.10%
dropped 6.1% and 5.1%, respectively.

Real Estate Developers companies LEG Immobilien SE
LEG,
-3.44%
and Grand City Properties S.A.
GYC,
-3.16%
rounded out the top five largest decreases as their stocks weakened 3.4% and 3.2%, respectively.

The pound
GBPUSD,
+1.33%
was up 1.29% against the dollar, and the euro
EURUSD,
+0.61%
was up 0.59%. Brent crude
US:BRN00
weakened 3.72% to $84.44.

The yield on the 10-year gilt
TMBMKGB-10Y,
3.009%
declined 12.89 basis points to 3.010%, and the yield on the German 10-year bund
TMBMKDE-10Y,
1.932%
fell 5.170 basis points to 1.93%.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Credit: marketwatch.com

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