By European stocks saw varied performances on Thursday, with the Stoxx Europe 600 index finishing slightly higher at 453.63 (+0.10%).
FTSE 100 and German DAX Show Gains, French CAC 40 Declines
The FTSE 100 index showed a positive trend, rising to 7,644.78 (+0.32%). On the other hand, the German DAX experienced a slight decline, falling to 15,425.03 (-0.23%), while the French CAC 40 index followed suit with a 0.37% decrease at 7,104.53.
Top Gainers in Stoxx Europe 600
Ubisoft Entertainment S.A. (UBI) emerged as the highest gainer among Stoxx Europe 600 constituents, as its shares rose by 6.5%. Business services firm Publicis Groupe S.A. (PUB) and health care/life sciences company Novo Nordisk A/S (NOVO.B) also made significant gains, adding 4.7% and 4.2% respectively. Additionally, technology company ASML Holding N.V. (ASML) and machinery company VAT Group AG (VACN) displayed strong performances with shares increasing by 3.8% and 3.7% respectively.
Top Losers in Stoxx Europe 600
Among the Stoxx Europe 600 constituents, health care/life sciences company Orpea S.A. (ORP) witnessed the largest decline, as shares plummeted by 11.7% on Thursday. Air transport firm easyJet PLC (EZJ) and health care/life sciences company Genmab A/S (GMAB) also experienced significant drops of 7.0% and 6.3% respectively. Insurance company Helvetia Holding AG (HELN) and electric utilities firm NEL ASA (NEL) rounded out the top five largest decreases, with stocks falling by 5.9% and 4.5% respectively.
Currency and Commodity Updates
The pound (GBPUSD) declined by 0.81% against the dollar, while the euro (EURUSD) also experienced a decrease of 0.58%. In the commodities market, Brent crude (BRN00) rose by 0.40% to reach $86.16.
Bond Yields
The yield on the 10-year gilt (TMBMKGB-10Y, 4.421%) increased by 8.35 basis points to 4.422%. The yield on the German 10-year bund (TMBMKDE-10Y, 2.790%) also rose by 6.490 basis points, reaching 2.79%.
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