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European Stocks at Midday

Jul 09, 2018

European Stock Market                                                                                                                                                                                Start Your Free Trial Today

  • Sentiment across European markets is positive again today, with the Euro Stoxx 600 on pace for its fifth consecutive day of positive trading, which would be the longest winning streak since March. Investor outlook has improved, as focus shifts away from Sino-American trade conflict and towards 2Q2018 earnings results. European currencies are broadly stronger against the USD$
  • European stocks are broadly higher today, with the Euro Stoxx 600 +0.39%, the FTSE 100 +0.29%, the DAX +0.04%, and the CAC 40 +0.23%
  • Information technology (+1.26%), energy (+0.66%), and industrials stocks (+0.48%) are the biggest outperformers in the Euro Stoxx 600
  • Utilities (-0.31%), telecommunications (-0.28%), and real estate stocks (-0.09%) are the only stocks in the red in the Euro Stoxx 600
  • Market breadth for the Euro Stoxx 600 is positive with 404 stocks advancing compared to 158 declines
  • Volume across European markets is 22.93% below its 10-day average
  • Germany’s trade surplus for May came in slightly above expectations (€20.3 billion vs €20 billion forecasted)
  • Switzerland’s unemployment rate in June was moderately above projections (2.6% vs 2.5% anticipated)

Highlights from the European Bond Market

  • Italian sovereign treasuries are higher today, with the yield on Italy’s 20-year down 2.1 basis points to 2.685%
  • Yield on the German Bund is up 1.6 basis points to 0.303%
  • UK 10-year bonds are selling off, with the yield on the UK 10-year up 3.2 basis points to 1.298%
  • Greek treasuries are rallying as the yield on Greece’s 10-year has fallen 4.2 basis points to 3.845%

What is Going on with European Currencies?

  • GBP£ is up 0.49%, to GBP£0.7492/USD$
  • EUR€ is 0.33% stronger, to EUR€0.8487/USD$
  • CHF is 0.13% higher, to CHF9.883/USD$
  • SEK has appreciated 0.22%, to SEK8.7058/USD$

*Data in price return.

Euro Stoxx 50 Movers

In local currency.

On Mobile/Tablet scroll to the right

Outperformers Ticker Price Chg % Chg Volume
Industria de Diseno Textil SA BME:ITX 30.16 0.52 1.75% 1.06M
SAP SE DB:SAP 100.94 1.49 1.50% 722.59k
ASML Holding NV ENXTAM:ASML 169.45 2.4 1.44% 451.34k
Schneider Electric SE ENXTPA:SU 70.4 0.86 1.24% 416.75k
Nokia OYJ HLSE:NOKIA 4.95 0.05 1.00% 3.58M
Underperformers Ticker Price Chg % Chg Volume
Iberdrola SA BME:IBE 6.75 -0.22 -3.10% 5.64M
Volkswagen AG XTRA:VOW3 145.18 -2.56 -1.73% 338.08k
Sanofi BME:IBE 71.81 -0.69 -0.95% 611.60k
Bayerische Motoren Werke AG DB:BMW 79.52 -0.68 -0.85% 401.79k
Deutsche Bank AG DB:DBK 9.68 -0.08 -0.84% 6.81M