European markets drift lower, as healthcare stocks retreat

European stocks slipped on Tuesday as healthcare stocks fell.

The Stoxx Europe 600 /zigman2/quotes/210599654/delayed XX:SXXP -0.57% fell 0.2% to 471.19, as Danish drugmaker Novo Nordisk /zigman2/quotes/207193277/delayed DK:NOVO.B -2.65% , Spanish utility Iberdrola /zigman2/quotes/202060935/delayed ES:IBE -0.32% and Asia-focused banking giant HSBC Holdings /zigman2/quotes/203901799/delayed UK:HSBA -0.85% slipped.

Of the major regional indexes, the German DAX /zigman2/quotes/210597999/delayed DX:DAX -0.36% gained 0.3%, while the French CAC 40 /zigman2/quotes/210597958/delayed FR:PX1 -0.27% declined 0.4% and the U.K. FTSE 100 /zigman2/quotes/210598409/delayed UK:UKX -0.52% declined 0.3%.

The biggest Stoxx 600 gainer was Zur Rose /zigman2/quotes/205626361/delayed CH:ROSE -2.84% , which rose 7%.

The biggest Stoxx 600 faller was Kesko /zigman2/quotes/209867196/delayed FI:KESKOB -1.88% , which fell 5%.

/zigman2/quotes/210599654/delayed

Add to watchlist XX:SXXP

STOXX Europe 600 Index

XX : STOXX

451.79

-2.61 -0.57%

Volume: 0.00

Jan. 31, 2023 2:20p

/zigman2/quotes/207193277/delayed

Add to watchlist DK:NOVO.B

Novo Nordisk A/S Series B

DK : Denmark: OMX

kr. 936.00

-25.50 -2.65%

Volume: 544,334

Jan. 31, 2023 2:20p

P/E Ratio

40.38

Dividend Yield

1.19%

Market Cap

kr.2134.07 billion

Rev. per Employee

kr.3.50M

/zigman2/quotes/202060935/delayed

Add to watchlist ES:IBE

Iberdrola S.A.

ES : Spain: Madrid

€ 10.75

-0.04 -0.32%

Volume: 5.46M

Jan. 31, 2023 2:19p

P/E Ratio

14.90

Dividend Yield

3.42%

Market Cap

€65.76 billion

Rev. per Employee

N/A

/zigman2/quotes/203901799/delayed

Add to watchlist UK:HSBA

HSBC Holdings PLC (UK Reg)

UK : U.K.: London

596.90 p

-5.10 -0.85%

Volume: 4.22M

Jan. 31, 2023 1:20p

P/E Ratio

12.73

Dividend Yield

3.65%

Market Cap

£119.91 billion

Rev. per Employee

£246,020

/zigman2/quotes/210597999/delayed

Add to watchlist DX:DAX

DAX

DX : Xetra Indices

15,071.43

-54.65 -0.36%

Volume: 20,384

Jan. 31, 2023 2:20p

/zigman2/quotes/210597958/delayed

Add to watchlist FR:PX1

CAC 40 Index

FR : France: Euronext Paris

7,062.79

-19.22 -0.27%

Volume: 24,064

Jan. 31, 2023 2:20p

/zigman2/quotes/210598409/delayed

Add to watchlist UK:UKX

FTSE 100 Index

UK : FTSE UK

7,744.53

-40.34 -0.52%

Volume: 170,650

Jan. 31, 2023 1:20p

/zigman2/quotes/205626361/delayed

Add to watchlist CH:ROSE

Zur Rose Group AG

CH : Switzerland: SWX

CHF 32.12

-0.94 -2.84%

Volume: 48,071

Jan. 31, 2023 2:06p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

CHF424.98 million

Rev. per Employee

CHF802,759

/zigman2/quotes/209867196/delayed

Add to watchlist FI:KESKOB

Kesko Oyj Series B

FI : Finland: Helsinki

€ 21.39

-0.41 -1.88%

Volume: 166,707

Jan. 31, 2023 3:19p

P/E Ratio

13.49

Dividend Yield

4.96%

Market Cap

€8.66 billion

Rev. per Employee

€672,101