European Stocks Close Higher

by webmaster

European stocks ended the trading session on Monday with gains. The Stoxx Europe 600 index rose by 0.12% to reach 471.35.

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Individual Market Performances

The French CAC 40 index increased by 0.29% to reach 7,497.78, while the FTSE 100 index remained flat at 7,699.41. The German DAX declined by 0.14% to 16,446.83.

Top Gainers in the Stoxx Europe 600

Among the constituents of the Stoxx Europe 600 index, TUI AG, a leisure/arts/hospitality company, experienced the largest increase in share price on Monday, with a gain of 4.8%. Other notable gainers included Dr. Martens PLC, a clothing/textiles firm, and Galp Energia SGPS S/A, a fossil fuels company, both of which saw their shares rise by 4.5%.

Top Losers in the Stoxx Europe 600

Atos SE, a business/consumer services company, witnessed the largest drop among the constituents of the Stoxx Europe 600 index, with its shares plunging by 16.4% on Monday. Heineken N.V., a beverages/drinks firm, and Heineken Holding N.V. also experienced significant declines, with their shares weakening by 8.0% and 7.5%, respectively.

Currency and Commodity Movements

The pound was up by 0.07% against the dollar, while the euro rose by 0.02% against the dollar. Brent crude increased by 1.11% to reach $85.35.

Bond Yields

The yield on the 10-year gilt declined by 1.96 basis points to 4.306%, while the yield on the German 10-year bund increased by 0.060 basis points to 2.49%.

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