European Stocks Finish Flat as Stoxx Europe 600 Index Closes at 491.90
European stocks ended the day on a flat note, with the Stoxx Europe 600 index closing at 491.90.
Major Movements in European Markets
- German DAX: The German DAX dropped 0.14% to 17,068.43.
- FTSE 100 Index: The FTSE 100 index dropped 0.12% to 7,719.21.
- French CAC 40 Index: The French CAC 40 index increased by 0.34% to 7,795.22.
Top Performers and Decliners in Stoxx Europe 600
Decliners:
- Forvia SE (FRVIA): Automotive company Forvia SE saw the largest drop of 9.7%.
- Siegfried Holding AG (SFZN): Health care/life sciences firm Siegfried Holding AG dropped by 7.5%.
- Volvo Car AB Series B (VOLCAR.B): Motor vehicles company Volvo Car AB Series B saw a decrease of 6.1%.
Top Gainers:
- Barclays PLC (BARC): Banking company Barclays PLC saw the largest increase of 8.6%.
- Air Liquide S.A. (AI): Basic materials/resources firm Air Liquide S.A. witnessed an increase of 8.3%.
- InterContinental Hotels Group PLC (IHG): Hotels/restaurants company InterContinental Hotels Group PLC saw a rise of 5.4%.
Currency and Commodity Market Updates
- GBP/USD: The pound was up 0.37% against the dollar.
- EUR/USD: The euro saw an increase of 0.32%.
- Brent Crude: Brent crude dropped by 1.34% to $82.44.
Yield Movements
- 10-year Gilt: The yield on the 10-year gilt fell by 6.37 basis points to 4.045%.
- German 10-year Bund: The yield on the German 10-year bund declined by 3.430 basis points to 2.38%.