European stocks end mixed as HelloFresh plummets, Siemens rises By

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LONDON – European stock markets closed on a mixed note today, with major indices showing divergent trends. The index experienced a downturn, shedding 0.72%, while the UK’s followed suit, dropping by 1.01%. index also fell by 0.57%. Bucking the trend, index managed to post a gain of 0.24%.

HelloFresh (OTC:) SE led the decliners within the Stoxx Europe 600, with its shares plunging by a notable 22.4%. This was part of a broader selloff that saw companies like MorphoSys AG, Burberry Group (OTC:) PLC, S.A., and Gerresheimer AG endure losses in their share prices ranging from 9% to 11.2%.

On the flip side, Siemens AG (OTC:) stood out as a top performer, with its share price climbing by 5.7%. Other firms that saw their stocks rise included Alstom (EPA:) S.A., Samhaellsbyggnadsbolaget i Norden AB Series B, Delivery Hero SE, and Halma PLC, with their shares appreciating between 3.2% and 4.4%.

Currency markets witnessed the pound and euro making marginal gains against the dollar. Meanwhile, prices experienced a significant drop of 4.37%, landing at $77.63 per barrel.

The trading session concluded with bond yields on the decline; the 10-year gilt yield fell to 4.154% and the German bund yield decreased to 2.60%. These movements reflect investors’ reactions to various market stimuli throughout the day across Europe’s financial landscape.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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