Europe Markets

European stocks extend negative streak for second session

Referenced Symbols

European stocks finished down Wednesday, with the Stoxx Europe 600 index XX:SXXP falling 0.18% to 476.42.

The FTSE 100 index UK:UKX dropped 0.42% to 7,651.76, the French CAC 40 index FR:PX1 was flat at 7,426.08 and the German DAX DX:DAX was flat at 16,689.81.

Among Stoxx Europe 600 constituents, retail company Auto1 Group SE XE:AG1 saw the largest drop Wednesday, as shares declined 7.7%

Shares of insurance firm Direct Line Insurance Group PLC UK:DLG and company Davide Campari-Milano N.V. IT:CPR weakened 7.5% and 6.5%, respectively.

J Sainsbury PLC UK:SBRY, a retail company, and insurance company Admiral Group PLC UK:ADM rounded out the top five largest decreases as their stocks declined 6.3% and 5.6%, respectively.

Grifols S.A. ES:GRF, a health care/life sciences company, saw the largest increase among Stoxx Europe 600 constituents, as shares surged 12.0% on Wednesday.

Shares of fossil fuels firm Galp Energia SGPS S/A PT:GALP and real estate/construction company Persimmon PLC UK:PSN increased 8.0% and 6.3%, respectively.

MorphoSys AG XE:MOR, a health care/life sciences company, and hotels/restaurants firm Greggs PLC UK:GRG rounded out the top five largest increases as their stocks increased 5.8% and 5.2%, respectively.

The pound GBPUSD was up 0.14% against the dollar, and the euro EURUSD was up 0.27%. Brent crude UK:BRN00 fell 0.06% to $77.54.

The yield on the 10-year gilt BX:TMBMKGB-10Y rose 4.35 basis points to 3.824%, and the yield on the German 10-year bund BX:TMBMKDE-10Y increased 2.700 basis points to 2.21%.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.