European stocks see mixed results, Brent crude prices drop to $90.84

  • Stock Market News
European stocks see mixed results, Brent crude prices drop to $90.84
Credit: © Reuters.

In Monday's trading session, European stocks experienced mixed performance, with the Stoxx Europe 600 index falling by 0.13%, and the FTSE 100 decreasing by 0.37%. Conversely, the French CAC 40 index saw a rise of 0.50%, while the German DAX remained flat.

Several companies witnessed a decline in their share prices, including business services company Adevinta ASA, printing/publishing firm Schibsted ASA, and real estate companies Aroundtown S.A., and Vistry Group PLC. These companies saw their shares drop between 5.8% and 9.6%.

On the other hand, a few companies enjoyed share price increases. Air transport firm InPost S.A., Flutter Entertainment PLC, Getinge AB Series B, and retail company Ocado (LON: OCDO ) Group PLC all experienced share price increases of up to 5.7%. Additionally, health care/life sciences company Idorsia Ltd.'s stock gained 3.3%.

The pound and euro strengthened against the dollar on Monday. In commodity markets, Brent crude prices fell to $90.84.

In the bond market, yields on both the UK's 10-year gilt and Germany's bund declined, reflecting changes in the larger economic climate.

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