Market Updates
Europe Movers: Novo Nordisk, Ocado Group, SES, Whitbread
Bridgette Randall
22 Jun, 2023
Frankfurt
The DAX index decreased 0.6% to 15,927.63, the CAC-40 index declined 1.3% to 7,167.14 and the FTSE 100 index dropped 0.9% to 7,494.51.
The yield on 10-year German Bunds inched higher to 2.41%, French bonds traded higher to 2.99%, the UK gilts edged down to 4.41% and Italian bonds decreased to 4.09%.
The euro edged lower to $1.10, the British pound to $1.278 and the U.S. dollar fetched 89.27 Swiss cents.
Ocado Group jumped 28.7% to 553.80 pence and surged as much as 42% on a speculation that the company may be an acquisition target according to a report in the newspaper the Times.
Whitbread plc declined 1% to 3,362.0 pence after the owner of Premier inn reported its trading update.
Novo Nordisk AS dropped 1.9% to DKK 1,072.60 after the Danish drug company said the European Union's drug regulator had last month raised thyroid cancer safety alert for several of its drugs.
SES SA increased 4.9% to €5.09 in Paris trading after the Luxembourg-based company confirmed it has terminated its merger talks with Intelsat.
Annual Returns
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Earnings
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