blog

Latest from the Quantamize Blog

European Stocks Close Broadly Lower, Extending Weekly Losses

Aug 01, 2018

How Did European Stocks Close?                                                                                                                                   Start Your Free Trial Today

  • Escalating Sino-American trade concerns, which dampened investor outlook earlier in today's trading, continued to push European stocks lower
  • The Euro Stoxx 600 closed down -0.45%, the FTSE 100 declined -1.24%, the DAX fell -0.53%, and the CAC 40 finished down -0.23%
  • Financial Services (+0.3%), Food & Beverage (+0.29%), and Health Care (+0.28%) stocks are the top performers in the Euro Stoxx 600 today
  • Automobiles & Parts (-2.47%), Utilities (-1.71%), and Basic Resources (-1.5%) stocks are the worst performers in the Euro Stoxx 600 today
  • Investor sentiment for European stocks finished trading negative with the advance/decline ratio for the Euro Stoxx 600 currently at 0.52x
  • 142 stocks in the Euro Stoxx 600 hit 4-week highs while 47 stocks closed at 4-week lows
  • 63 stocks in the Euro Stoxx 600 finished the trading session overbought while 15 stocks closed oversold according to the 16-day RSI Measure
  • The VSTOXX finished at 13.02, after opening at 12.55 today

European Soverign Bonds

  • German 10-Year Bunds are lower with yields up 3.5 basis points to 0.478%
  • French 10-Year Government Bonds are lower with yields up 4.6 basis points to 0.778%
  • UK 10-Year GILTs are lower with yields up 5 basis points to 1.38%
  • Italian 10-Year Government Bonds are lower with yields up 6.9 basis points to 2.789%
  • Spanish 10-Year Government Bonds are lower with yields up 5.4 basis points to 1.454%

European Currencies

  • EUR€ is currently down -0.24% against the USD$ to 1.1663
  • GBP£ is currently little changed against the USD$ at 1.3114
  • CHF is currently down -0.208% against the USD$ to 1.0076

Stocks Trending in the News

Click name for Q-Factor rating and financial data.

AXA SA (ENXTPA:CS) is reportedly in negotiations to sell its variable annuity product unit to Cinven Group, with AXA expecting to receive $1.36 billion in cash from the deal. AXA SA stock rose 0.39% in today’s trading

Sanofi (ENXTPA:SAN) shares traded 1.65% higher to €75.60 today after the company was upgraded from market perform to outperform at Exane. Exane gave Sanofi a price target of €87 per share

Vivendi SA (ENXTPA:VIV) has been upgraded to buy from a sell rating at DZ Bank AG, with a price target set at €27 per share. Despite the upgrade, Vivendi traded down 0.23% to €22.15

Data in Price Return, Source: Stockdio