European stocks closed in negative territory on Wednesday, with the Stoxx Europe 600 index dropping 0.86% to 474.40. Here is a breakdown of the performance of major indices:
CAC 40 Index
The French CAC 40 index declined 1.58% to 7,411.86.
DAX Index
The German DAX declined 1.38% to 16,538.39.
FTSE 100 Index
The FTSE 100 index fell 0.51% to 7,682.33.
Among the constituents of the Stoxx Europe 600 index, Auto1 Group SE saw the largest drop, with shares tumbling by 11.8%. Other notable declines include Alstom S.A., VAT Group AG, Ashmore Group PLC, and Carnival PLC.
On the positive side, A.P. Moeller-Maersk A/S Series B experienced the largest increase among the Stoxx Europe 600 constituents, with shares rising by 5.1%. Novartis AG and Delivery Hero SE also gained significantly.
Currency and Commodities
The pound increased by 0.17% against the dollar, while the euro decreased by 0.28%. Brent crude rose by 2.77% to $77.99.
Gilt and Bund Yields
The yield on the 10-year gilt fell by 0.56 basis points to 3.640%, and the yield on the German 10-year bund declined by 4.580 basis points to 2.02%.
