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How Did European Stocks Close?

Jun 28, 2018

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European stocks finished broadly lower with the Euro Stoxx 600 -0.82%, the FTSE 100 -0.08%, the DAX -1.39%, and the CAC 40 -0.97%. Periphery markets were negative as well with Spain’s IBEX -0.72%, Italy’s FTSE MIB -0.58%, Portugal’s PSI 20 -0.67%, and Greece’s ASE -2.59%. The VSTOXX closed 124 basis points, or 7.21%, higher. Yield on the Italian 10-year fell 2.9 basis points to 2.771% while the yield on the UK 10-year is up 1.7 basis points to 1.260%. Against the USD$, the EUR is +0.21%, the GBP -0.18%, and the SEK -0.43%.

*Data in Price Return, Source: Stockdio

Stocks Trending in the News

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Shares of adidas AG (DB:ADS) traded down 1.63%, after Germany was eliminated from the World Cup. Adidas produces merchandise for the German national team and may fail to capture revenue from the sale of team apparel, including shirts and jerseys.    

BAE Systems Plc (LSE:BA.) traded 1.25% higher today, after it was announced that the company has been awarded a $26 billion contract to produce 9 anti-submarine frigates for the Australian government

Siemens AG (NSEI:SIEMENS) has agreed to a contract with Optimus Wind Ltd, under which Siemens will supply 165 wind turbines beginning in June 2021. Shares of Siemens AG traded 1.25% lower today