Home News European Stocks Rally with Gains in Key Indices

European Stocks Rally with Gains in Key Indices


European stocks showed stability on Friday, with the Stoxx Europe 600 index finishing slightly higher at 483.93 (+0.01%). The German DAX and the French CAC 40 remained flat, while the FTSE 100 also held steady.

Top Performers

Among the constituents of the Stoxx Europe 600, Afry AB, a prominent business services company, experienced the largest increase on Friday, with its shares surging by 14.0%. Other notable gainers included Wizz Air Holdings PLC, an air transport firm (+10.3%), and Danske Bank A/S, a banking/credit company (+8.1%).

Powszechna Kasa Oszczednosci Bank Polski S.A. and Corbion N.V. also saw their stocks climb significantly, adding 4.6% and 4.5%, respectively.

Losses in Certain Sectors

Contrarily, Delivery Hero SE, a technology company, faced a sharp decline with its shares plummeting by 22.6% in the Stoxx Europe 600 constituents. Viaplay Group AB Series B, a media/entertainment firm, and Close Brothers Group PLC, an investing/securities company, also experienced notable losses of 8.4% and 5.0%, respectively.

Ambu A/S Series B, a health care/life sciences company, and ProSiebenSat.1 Media SE, a media/entertainment business, rounded out the top five largest decreases with their stocks dropping 3.9% and 3.4%, respectively.

Currency and Commodity Movements

The pound and the euro experienced marginal declines against the dollar, with drops of 0.93% and 0.76%, respectively. Meanwhile, Brent crude oil dropped by 1.60% to reach $77.44.

Yield Increases

Notably, the yield on the 10-year gilt increased by 18.26 basis points to reach 3.932%, while the yield on the German 10-year bund grew by 9.390 basis points to reach 2.24%.


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