Market Updates
Europe Movers: currys, Croda, Euroapi, Eutelstat, Rheinmetall, YouGov
Inga Muller
10 Oct, 2023
Frankfurt
The DAX index increased 1.8% to 15,394.90, the CAC-40 index rose 1.6% to 7,132.81 and the FTSE 100 index advanced 1.6% to 7,611.11.
The yield on 10-year German bonds decreased to 2.8%, French bonds traded lower to 3.40%, the UK gilts edged down to 4.50% and Italian bonds rose to 4.85%.
Elis SA increased 3.8% to €16.89 after the Brazil-based asset manager BWGI said it plans to acquire a 6% stake in the French cleaning service provider.
Euroapi SAS plunged 56.5% to €5.34 after the Sanofi spinoff lowered its 2023 sales outlook.
Eutelsat Communications SA rose 7.6% to €5.08 after the satellite company and a hybrid network provider Marlink signed a multi-year agreement to provide maritime connectivity over the Middle East, Africa and Europe.
YouGov Plc soared 23.2% to 850.0 pence after the British polling company reported a jump in pre-tax profit for 2023 on improved revenue.
Currys PLC rose 4.9% to 49.32 pence after the company said it has received several non-binding offers for its Kotsovolos business in Greece and Cyprus.
Croda international Plc increased 2.2% to 4,539.0 pence after several brokerage firms lifted their target stock price.
Rheinmetall AG advanced 1.5% to €254.20 after the German defense company won an order from German Bundeswehr to supply 150,000 rounds of artillery ammunition through a framework agreement.
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Earnings
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