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European Stocks Broadly Higher On Robust Corporate Earnings

Jul 27, 2018

European Market                                                                                                                                                             Start Your Free Trial Today

As of 8:32 a.m

  • European markets are trading higher today, as investors have turned their focus to robust corporate earnings. The Euro Stoxx 600 is on pace for its best weekly performance in nearly 2 months. The European bond market is trading with a negative bias today 
  • The Euro Stoxx 600 is up +0.35%, the FTSE100 is up +0.46%, the CAC 40 is up +0.26%, and the DAX is up +0.41%
  • Telecommunications(+1.99%), Banks(+0.98%), Basic Resources(+0.95%) stocks are the top performers in the Euro Stoxx 600 today

  • Retail(-0.66%), Financial Services(-0.40%), Chemicals(-0.11%) stocks are the worst performers in the Euro Stoxx 600 today

  • Investor sentiment for European stocks is positive with the advance/decline ratio for the Euro Stoxx 600 currently at 2.51x
  • 145 stocks in the Euro Stoxx 600 are at 4-week highs while 48 stocks are at 4-week lows
  • 58 stocks in the Euro Stoxx 600 are overbought while 17 stocks are oversold according to the 16-day RSI Measure

Highlights from the European Bond Market

  • German 10-Year Bunds are lower with yields up 9 basis points to 0.413%
  • Euro 10-Year Bonds are lower with yields up 9 basis points to 0.413%
  • French 10-Year Government Bonds are lower with yields up 1 basis points to 0.701%
  • UK 10-Year GILTs are lower with yields up 11 basis points to 1.289%
  • Italian 10-Year Government Bonds are higher with yields down -9 basis points to 2.695%
  • Spanish 10-Year Government Bonds are lower with yields up 3 basis points to 1.366%

What is Going on with European Currencies?

  • EUR€ is currently little changed against the USD$ at 1.1628
  • GBP£ is currently little changed against the USD$ at 1.3102
  • CHF is currently down -0.288% against the USD$ to 1.003

*Data in price return.

Euro Stoxx 50 Movers

In local currency.

On Mobile/Tablet scroll to the right

Outperformers Sector Price 1D% CHG Volume
Cie de Saint-Gobain Industrials 38.065 2.96%             1,679,152
Engie SA Utilities 14.205 2.90%             3,041,708
Deutsche Telekom AG Telecommunication Services 14.21 2.74%          11,866,357
Banco Bilbao Vizcaya Argentaria SA Financials 6.229 2.32%          10,680,152
BNP Paribas SA Financials 54.75 1.88%             1,876,535
Underperformers Sector Price 1D% CHG Volume
L'Oreal SA Consumer Staples 202.2 -3.44%                510,037
BASF SE Materials 82.4 -2.65%             2,283,898
Nokia OYJ Information Technology 4.742 -1.70%          13,051,806
LVMH Moet Hennessy Louis Vuitton SE Consumer Discretionary 302.55 -1.45%                255,476
CRH PLC Materials 29.85 -1.39%                476,116