European stocks wrapped up the trading day on a negative note, with the Stoxx Europe 600 index XX:SXXP slipping by 0.37% to 495.43.
Market Performance
French Market: The CAC 40 index FR:PX1 weakened by 0.46% to 7,929.82.
British Market: The FTSE 100 index UK:UKX fell by 0.29% to 7,684.30.
German Market: The German DAX DX:DAX remained flat at 17,423.23.
Top Decreases
Among the Stoxx Europe 600 constituents, the retail company HelloFresh SE XE:HFG experienced the largest decline on Monday with shares plummeting by 11.8%.
Other notable decreases include shares of:
- Banking/credit firm Bank of Ireland Group PLC IE:BIRG (down 10.6%)
- Retail company Ocado Group PLC UK:OCDO (down 7.0%)
- Embracer Group AB Series B SE:EMBRAC (down 6.2%)
- Business/consumer services firm Alten FR:ATE (down 5.7%)
Top Increases
On the flip side, Zealand Pharma A/S DK:ZEAL, a health care/life sciences company, witnessed a significant surge in its stock price, rising by an impressive 35.7% on Monday.
Other notable increases include shares of:
- Fossil fuels firm Technip Energies N.V. FR:TE (up 6.9%)
- Technology company BE Semiconductor Industries N.V. NL:BESI (up 6.5%)
- Kinnevik AB Series B SE:KINV (up 5.4%)
- Telephone systems business Tele2 AB Series B SE:TEL2 (up 5.3%)
Currency and Commodity Performance
Currency Update: The pound GBPUSD edged 0.06% higher against the dollar, while the euro EURUSD saw a gain of 0.30%. Brent crude UK:BRN00 rose by 0.74% to $81.40.
Yield Movement: The yield on the 10-year gilt BX:TMBMKGB-10Y increased by 5.13 basis points to 4.091%, and the yield on the German 10-year bund BX:TMBMKDE-10Y surged by 7.440 basis points to 2.44%.
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