European stocks break two-day losing streak


European stocks finished higher Friday, with the Stoxx Europe 600 index
XX:SXXP
increasing 1.81% to 416.98.

The French CAC 40 index
FR:PX1
rose 2.77% to 6,416.44, the German DAX
DX:DAX
added 2.51% to 13,459.85 and the FTSE 100 index
UK:UKX
added 2.03% to 7,334.84.

Among Stoxx Europe 600 constituents, footwear company adidas AG
XE:ADS
saw the largest increase Friday, as shares soared 21.4%.

Shares of emerging technologies firm Just Eat Takeaway.com N.V.
NL:TKWY
and non-ferrous metals company KGHM Polska Miedz S.A.
PL:KGH
surged 15.8% and 11.7%, respectively.

Kojamo Oyj
FI:KOJAMO,
a real estate developers company, and general mining business Anglo American PLC
UK:AAL
rounded out the top five largest increases as their stocks surged 11.5% and 11.1%, respectively.

Shares of software company Samhaellsbyggnadsbolaget i Norden AB Series B
SE:SBB
saw the largest decrease of the Stoxx Europe 600 constituents, as shares fell 8.0% on Friday.

Shares of aerospace products/parts firm Leonardo S.p.A.
IT:LDO
and biotechnology company Galapagos N.V.
NL:GLPG
declined 7.7% and 7.4%, respectively.

Rheinmetall AG
XE:RHM,
a motor vehicle parts company, and food products company Glanbia PLC
IE:GL9
rounded out the top five largest decreases as their stocks declined 5.3% and 5.0%, respectively.

The pound
US:GBPUSD
was up 1.34% against the dollar, and the euro
US:EURUSD
was up 1.74%. Brent crude
US:BRN00
rose 3.92% to $98.38.

The yield on the 10-year gilt
BX:TMBMKGB-10Y
rose 1.97 basis points to 3.535%, and the yield on the German 10-year bund
BX:TMBMKDE-10Y
increased 5.730 basis points to 2.30%.


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.



Read More:European stocks break two-day losing streak

2022-11-04 17:12:46

Get real time updates directly on you device, subscribe now.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.