Latest from the Quantamize Blog

How Did European Stocks Close?

Jul 09, 2018

How Did European Stocks Close                                                                                                                                                                  Start Your Free Trial Today

European stocks closed broadly higher with the Euro Stoxx 600 +0.58%, the CAC 40 +0.42%, the DAX +0.38%, and the FTSE 100 +0.92%. Peripheral markets were higher as well, with Spain’s IBEX +0.22%, Italy’s FTSE MIB +0.49%, Portugal’s PSI 20 +0.77%, and Athens ASE +0.36%. Energy (+1.28%), information technology (+1.16%), and materials stocks (+1.05%) were the biggest outperformers in the Euro Stoxx 600, while utilities (-0.97%), and real estate stocks (-0.19%) finished in the red. The VSTOXX finished down 67 basis points, or 4.56%, to 14.07. Italian treasuries moved higher today, with the yield on Italy’s 10-year down 4.9 basis points to 2.657%, while the yield on the German Bund rose 0.9 basis points to 0.297%. European currencies are mixed against the UUSD$, with the EUR€ +0.02%, the GBP£ -0.44%, the SEK -0.01%, and the CHF -0.25%.

*Data in price return.

Stocks Trending in the News

Air France (ENXTPA:AF) shares traded up 6.34% today, after June traffic figures came in strong than expected, improving the company’s 2Q2018 outlook

Total SA (ENXTPA:FP) announced that it is planning the sale of multiple oil field in the North Sea, which could return upwards of USD$1.5 billion. Total SA traded 1.29% higher to €54 today

L’Oreal (ENXTPA:OR) has been downgraded to hold from buy at Deutsche Bank. Despite the downgrade, L’Oreal finished up 0.19% today