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    Home ยป European Stocks Finish Down
    News

    European Stocks Finish Down

    August 2, 20232 Mins Read
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    European stocks ended the trading day in red on Tuesday. The Stoxx Europe 600 index fell 0.89% to 467.16.

    Market Performance

    • The German DAX dropped 1.26% to 16,240.40.
    • The French CAC 40 index weakened 1.22% to 7,406.08.
    • The FTSE 100 index weakened 0.43% to 7,666.27.

    Top Decliners

    The largest decline among the Stoxx Europe 600 constituents was seen by hotels/restaurants company Greggs PLC, as its shares weakened by 7.7%.

    Other notable decliners include:

    • Investing/securities firm Nexi S.p.A.: -6.9%
    • Clothing/textiles company Dr. Martens PLC: -5.5%
    • Investing/securities company Man Group PLC: -5.4%
    • Motor vehicles company Bayerische Motoren Werke AG: -5.4%

    Top Gainers

    The technology company TeamViewer SE saw the largest increase among the Stoxx Europe 600 constituents, with shares rising by 9.3% on Tuesday.

    Other notable gainers include:

    • Utilities firm Uniper SE: +4.0%
    • Business/consumer services company Capgemini SE: +2.5%
    • Machinery company Weir Group PLC: +2.2%
    • Business/consumer services business Alten ATE: +2.1%

    Currency and Oil Prices

    The pound was down 0.69% against the dollar, while the euro was down 0.25%.

    Brent crude declined by 0.70% to $84.83.

    Bond Yields

    The yield on the 10-year gilt increased by 9.28 basis points to 4.402%, while the yield on the German 10-year bund increased by 6.540 basis points to 2.56%.

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