Market Updates

Europe Movers: Airbus, Clariant, Coca-Cola HBC, UK Homebuilders

Bridgette Randall
07 Jul, 2023
Frankfurt

    European markets traded in a tight range with a downward bias and investors awaited the release of the U.S. non-farm payrolls data. 

    UK home prices fell at the fastest pace in 12 years in June and German industrial production declined in May. 

    The DAX index increased 0.1% to 15,553.88, the CAC-40 index advanced 0.3% to 7,104.15 and the FTSE 100 index decreased 0.2% to 7,263.07. 

    The yield on 10-year German Bunds inched higher to 2.65%, French bonds traded lower to 3.20%, the UK gilts edged up to 4.69% and Italian bonds increased to 4.39%.

    UK homebuilders dropped for the second day in a row after the release of home price data from Halifax. 

    Barratt Developments PLC declined 0.6% to 398.70 pence, Persimmon Plc dropped 0.3% to 965.40 pence and Taylor Wimpey Plc fell 0.1% to 99.56 pence.  

    Barratt extended this year's loss to 3.8%, Persimmon fell 24% and Taylor Wimpey to 4.9%. 

    Coca-cola HBC AG increased 4.7% to 2,362.0 pence after the company revised its 2023 earnings outlook. 

    Clariant AG increased 3.8% to CHF 13.08 despite the Swiss chemical company reporting weak sales in the second quarter and lowering its 2023  outlook. 

    Airbus SE increased 1.4% to Є131.24 after the aircraft manufacturer said orders in June jumped, driven by record demand for planes from India.

Annual Returns

Company Ticker 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Earnings

Company Ticker 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008