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European stocks experienced gains on Monday, with the Stoxx Europe 600 index finishing up at 472.86, a 0.77% increase.
Key Performances
- The German DAX climbed 0.77% to reach 16,683.36
- The French CAC 40 index increased by 0.56% and closed at 7,413.25
- The FTSE 100 index rose by 0.35% to 7,487.71
Top Performers
Among the companies listed on the Stoxx Europe 600 index, Kindred Group PLC saw the highest increase, with shares surging by 16.7%.
Other notable performers included:
- Atos SE, a business/consumer services firm, whose shares rose by 10.6%
- Evotec SE, a health care/life sciences company, which experienced a 7.8% increase in shares
- technology company ams-OSRAM AG, whose shares gained 7.4%
Worst Performers
The media/entertainment company Viaplay Group AB Series B saw the largest drop among the Stoxx Europe 600 constituents, with shares plummeting by 23.7% on Monday.
Other companies that experienced declines include:
- S4 Capital PLC, a business services firm, with shares dropping by 8.3%
- BELIMO Holding AG, an industrial goods company, which saw shares decline by 7.8%
Currency and Commodity Market Updates
The pound (GBPUSD) strengthened against the dollar, with a 0.20% increase, while the euro (EURUSD) weakened slightly by 0.01%.
In the commodity market, Brent crude (BRN00) gained 1.37% to reach $79.64.
Bond Yields
The yield on the 10-year gilt (BX:TMBMKGB-10Y) declined by 2.65 basis points to 3.909%, while the yield on the German 10-year bund (BX:TMBMKDE-10Y) dropped by 5.430 basis points to 2.29%.
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