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European Stocks Finish Lower

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European stocks closed lower on Friday, with the Stoxx Europe 600 index falling 0.26% to 469.24.

Key Indices

  • The French CAC 40 index fell 0.40% to 7,371.64
  • The German DAX was flat at 16,555.13
  • The FTSE 100 index was also flat at 7,461.93

Top Losers

Among the Stoxx Europe 600 constituents, Viaplay Group AB Series B saw the largest drop on Friday, with shares plunging 16.7%.

Health care and life sciences firms MorphoSys AG and Corbion N.V. also saw significant declines, with shares falling 11.7% and 10.4% respectively.

Business services provider Atos SE and health care company Idorsia Ltd. rounded out the top five largest decreases, as their stocks declined 7.7% and 7.4% respectively.

Top Gainers

On the other hand, business services company Teleperformance SE saw the largest increase among the Stoxx Europe 600 constituents, with shares rising by 8.6% on Friday.

Agriculture firm Mowi ASA and technology company ams-OSRAM AG also experienced gains, with shares increasing by 3.7% and 3.3% respectively.

Investing and securities company EQT AB and technology company Allegro.eu S.A. rounded out the top five largest increases, with their stocks adding 3.1% and 3.0% respectively.

Currency and Commodity Movements

The pound (GBPUSD) was down 0.25% against the dollar, while the euro (EURUSD) was up 0.12%.

Brent crude (UK:BRN00) declined by 0.57% to $78.65.

Bond Yields

The yield on the 10-year gilt (BX:TMBMKGB-10Y) declined by 0.31 basis points to 3.934%, and the yield on German 10-year bund (BX:TMBMKDE-10Y) declined by 0.420 basis points to 2.35%.

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