Raine WarrenThe Stoxx Europe 600 index (XX:SXXP) closed 0.01% lower at 458.13 on Friday. The German DAX (DX:DAX) experienced a drop of 0.67% to 15,840.34, while the French CAC 40 index (FR:PX1) declined by 0.27% to 7,296.77. Conversely, the FTSE 100 index (UK:UKX) managed to increase by 0.34% to reach 7,464.54.
Top Five Declines
Among the constituents of the Stoxx Europe 600 index, retail company DocMorris N.V. (CH:DOCM) suffered the largest decline on Friday with shares plummeting by 10.9%. Real estate firm Aroundtown S.A. (XE:AT1) and motor vehicles company Renault S.A. (FR:RNO) also experienced significant drops of 9.0% and 6.3% respectively. Additionally, Husqvarna AB Series B (SE:HUSQ), a home electronics/appliances company, and motor vehicles company Volkswagen AG Non-Vtg Pfd. (XE:VOW3) concluded the top five largest decreases with their stocks falling by 4.7% and 4.2% respectively.
Top Five Increases
On the other hand, Johnson Matthey PLC (UK:JMAT), a basic materials/resources company, saw the largest increase among the constituents of the Stoxx Europe 600 index, with shares rising by 9.9% on Friday. Health care/life sciences firm Idorsia Ltd. (CH:IDIA) and fossil fuels company Orron Energy AB (SE:ORRON) also experienced gains of 8.0% and 4.5% respectively. Furthermore, Vestas Wind Systems A/S (DK:VWS), an industrial goods company, and mining & metals business Norsk Hydro ASA (NO:NHY) rounded out the top five largest increases as their stocks grew by 4.3% and 3.9% respectively.
Currency and Commodity Market Changes
The pound (GBPUSD) was down by 0.65% against the dollar, while the euro (EURUSD) experienced a decrease of 0.53%. On the other hand, Brent crude (UK:BRN00) gained 1.49% to reach $88.12.
Bond Yields
The yield on the 10-year gilt (BX:TMBMKGB-10Y) increased by 7.59 basis points to 4.437%. Similarly, the yield on the German 10-year bund (BX:TMBMKDE-10Y) increased by 8.540 basis points to reach 2.55%.
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