Friday, January 27, 2023
HomeMarketEuropean stocks increase for second day

European stocks increase for second day

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European stocks rose Thursday, as the Stoxx Europe 600 index
SXXP,
+0.89%
finished up 0.89% to 443.96.

The German DAX
DAX,
+0.65%
added 0.65% to 14,490.30, the French CAC 40 index
PX1,
+0.23%
rose 0.23% to 6,753.97 and the FTSE 100 index
UKX,
-0.19%
dropped 0.19% to 7,558.49.

Among Stoxx Europe 600 constituents, drug retail company Zur Rose Group AG
ROSE,
+14.92%
saw the largest increase Thursday, as shares surged 14.9%.

Shares of food products firm Corbion N.V.
CRBN,
+13.20%
and software company Nemetschek SE
NEM,
+7.73%
added 13.2% and 7.7%, respectively.

Oersted A/S
ORSTED,
+6.93%,
a renewable energy generation company, and emerging technologies firm Deliveroo PLC
ROO,
+6.81%
rounded out the top five largest increases as their stocks rose 6.9% and 6.8%, respectively.

Shares of multiutilities company Uniper SE
UN01,
-21.60%
saw the largest drop of the Stoxx Europe 600 constituents, as shares cratered 21.6% on Thursday.

Shares of advertising/marketing/public relations firm Adevinta ASA
ADE,
-8.87%
and biotechnology company UCB S.A.
UCB,
-6.56%
declined 8.9% and 6.6%, respectively.

CD Projekt S.A.
CDR,
-5.65%,
a toys & games company, and containers/packaging firm Huhtamaki Oyj
HUH1V,
-5.56%
rounded out the top five largest decreases as their stocks weakened 5.7% and 5.6%, respectively.

The pound
GBPUSD,
+1.43%
was up 1.42% against the dollar, and the euro
EURUSD,
+0.62%
was up 0.63%. Brent crude
US:BRN00
gained 0.89% to $87.74.

The yield on the 10-year gilt
TMBMKGB-10Y,
3.104%
fell 5.74 basis points to 3.105%, and the yield on the German 10-year bund
TMBMKDE-10Y,
1.814%
declined 11.900 basis points to 1.81%.


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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