Market Updates
Europe Movers: Generali, Hargreaves Lansdown, Jenoptik, Lanxess, RTL Group
Inga Muller
09 Aug, 2024
Frankfurt
European markets closed higher after a turbulent week of trading and a batch of mixed corporate earnings.
France's jobless rate dropped in the second quarter, and Norway's consumer price inflation accelerated in July.
The DAX index increased by 0.3% to 17,730.30; the CAC-40 index rose by 0.5% to 7,280.94; and the FTSE 100 index advanced by 0.5% to 8,182.85.
The yield on 10-year German bonds edged lower to 2.23%, French bonds inched lower to 2.97%, the UK gilts inched higher to 3.94%, and Italian bonds decreased to 3.65%.
Hargreaves Lansdown advanced 2% to 1,099.50 pence after the UK-based investment platform agreed to be acquired by a consortium of private equity firms led by CVC Capital Partners for £5.44 billion or $6.94 billion.
Generali Group increased 0.2% to €22.16 after the Italian insurance company reported mixed results in the first half of 2024.
Jenoptik AG increased 9.8% to €27.48 after the German optics company reported an increase in sales and earnings in the second quarter.
RTL Group declined 0.5% to €28.25, and the German television and radio station operator controlled by Bertelsmann reported a 4.7% increase in advertising revenue in the first half of 2024.
Lanxess AG added 5.8% to €22.96, and the German specialty chemical company reiterated its full-year outlook despite reporting a 6% decline in second quarter sales.
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 |
|---|