European stocks drop for first time in three days

MarketWatch Automation

European stocks finished lower Wednesday, with the Stoxx Europe 600 index /zigman2/quotes/210599654/delayed XX:SXXP +0.52% falling 1.02% to 398.91.

The German DAX /zigman2/quotes/210597999/delayed DX:DAX +0.75% dropped 1.21% to 12,517.18, the French CAC 40 index /zigman2/quotes/210597958/delayed FR:PX1 +0.66% dropped 0.90% to 5,985.46 and the FTSE 100 index /zigman2/quotes/210598409/delayed UK:UKX +0.34% weakened 0.48% to 7,052.62.

Among Stoxx Europe 600 constituents, securities company Avanza Bank Holding AB /zigman2/quotes/208130840/delayed SE:AZA +5.08% saw the largest drop Wednesday, as shares tumbled 13.4%

Shares of real estate developers firm Fastighets AB Balder Series B /zigman2/quotes/207785487/delayed SE:BALD.B +0.27% and food retail company Ocado Group PLC /zigman2/quotes/207225647/delayed UK:OCDO +2.37% tumbled 10.3% and 10.0%, respectively.

Zur Rose Group AG , a drug retail company, and real estate developers firm Castellum AB /zigman2/quotes/206956510/delayed SE:CAST +1.52% rounded out the top five largest decreases as their stocks declined 9.9% and 9.2%, respectively.

International Distribution Services PLC /zigman2/quotes/204213037/delayed UK:IDS -0.28% , an air freight company, saw the largest increase of the Stoxx Europe 600 constituents, as shares gained 5.7% on Wednesday.

Shares of internet/online firm Sinch AB /zigman2/quotes/209396839/delayed SE:SINCH +1.39% and biotechnology company arGEN-X SE /zigman2/quotes/209977721/delayed BE:ARGX -0.44% added 3.8% and 3.1%, respectively.

Infineon Technologies AG /zigman2/quotes/203152288/delayed XE:IFX +2.51% , a semiconductors company, and major oil & gas business Repsol S.A. /zigman2/quotes/202941606/delayed ES:REP -0.54% rounded out the top five largest increases as their stocks added 3.1% and 2.6%, respectively.

The pound /zigman2/quotes/210561263/realtime/sampled GBPUSD -0.0478% was down 1.77% against the dollar, and the euro /zigman2/quotes/210561242/realtime/sampled EURUSD 0.0000% was down 1.25%. Brent crude gained 1.85% to $93.50.

The yield on the 10-year gilt /zigman2/quotes/211347177/realtime BX:TMBMKGB-10Y -2.29% declined 4.30 basis points to 4.033%, and the yield on the German 10-year bund /zigman2/quotes/211347112/realtime BX:TMBMKDE-10Y -2.15% declined 0.085 basis points to 2.03%.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

/zigman2/quotes/210599654/delayed

Add to watchlist XX:SXXP

STOXX Europe 600 Index

XX : STOXX

470.06

+2.44 +0.52%

Volume: 0.00

Dec. 6, 2023 11:03p

/zigman2/quotes/210597999/delayed

Add to watchlist DX:DAX

DAX

DX : Xetra Indices

16,656.44

+123.33 +0.75%

Volume: 78,581

Dec. 6, 2023 6:30p

/zigman2/quotes/210597958/delayed

Add to watchlist FR:PX1

CAC 40 Index

FR : France: Euronext Paris

7,435.99

+49.00 +0.66%

Volume: 60,289

Dec. 6, 2023 6:05p

/zigman2/quotes/210598409/delayed

Add to watchlist UK:UKX

FTSE 100 Index

UK : FTSE UK

7,515.38

+25.54 +0.34%

Volume: 636,472

Dec. 6, 2023 5:13p

/zigman2/quotes/208130840/delayed

Add to watchlist SE:AZA

Avanza Bank Holding AB

SE : Sweden: Stockholm

kr 221.50

+10.70 +5.08%

Volume: 380,437

Dec. 6, 2023 5:29p

P/E Ratio

17.59

Dividend Yield

3.39%

Market Cap

kr33.15 billion

Rev. per Employee

kr6.99M

/zigman2/quotes/207785487/delayed

Add to watchlist SE:BALD.B

Fastighets AB Balder Series B

SE : Sweden: Stockholm

kr 66.10

+0.18 +0.27%

Volume: 2.80M

Dec. 6, 2023 5:29p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

kr76.07 billion

Rev. per Employee

kr11.21M

/zigman2/quotes/207225647/delayed

Add to watchlist UK:OCDO

Ocado Group PLC

UK : U.K.: London

612.20 p

+14.20 +2.37%

Volume: 1.83M

Dec. 6, 2023 4:35p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

£4.89 billion

Rev. per Employee

£132,805

/zigman2/quotes/206956510/delayed

Add to watchlist SE:CAST

Castellum AB

SE : Sweden: Stockholm

kr 133.60

+2.00 +1.52%

Volume: 1.79M

Dec. 6, 2023 5:29p

P/E Ratio

N/A

Dividend Yield

0.00%

Market Cap

kr62.55 billion

Rev. per Employee

kr18.07M

/zigman2/quotes/204213037/delayed

Add to watchlist UK:IDS

International Distribution Services PLC

UK : U.K.: London

£ 246.10

-0.70 -0.28%

Volume: 1.69M

Dec. 6, 2023 4:36p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

£2.36 billion

Rev. per Employee

£72,994

/zigman2/quotes/209396839/delayed

Add to watchlist SE:SINCH

Sinch AB

SE : Sweden: Stockholm

kr 31.78

+0.44 +1.39%

Volume: 8.58M

Dec. 6, 2023 5:29p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

kr26.42 billion

Rev. per Employee

kr6.80M

/zigman2/quotes/209977721/delayed

Add to watchlist BE:ARGX

argenx SE

BE : Belgium: Euronext Brussels

€ 427.00

-1.90 -0.44%

Volume: 32,583

Dec. 6, 2023 5:55p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

€25.34 billion

Rev. per Employee

€903,003

/zigman2/quotes/203152288/delayed

Add to watchlist XE:IFX

Infineon Technologies AG

XE : Germany: Xetra

€ 36.81

+0.90 +2.51%

Volume: 4.65M

Dec. 6, 2023 6:30p

P/E Ratio

15.46

Dividend Yield

0.95%

Market Cap

€46.73 billion

Rev. per Employee

€278,358

/zigman2/quotes/202941606/delayed

Add to watchlist ES:REP

Repsol S.A.

ES : Spain: Madrid

€ 13.90

-0.08 -0.54%

Volume: 4.36M

Dec. 6, 2023 5:37p

P/E Ratio

4.75

Dividend Yield

0.29%

Market Cap

€17.69 billion

Rev. per Employee

€2.52M

/zigman2/quotes/210561263/realtime/sampled

Add to watchlist US:GBPUSD

British Pound

US : Tullett Prebon

1.2553

-0.0006 -0.0478%

Volume: 0.0000

Dec. 6, 2023 9:57p

/zigman2/quotes/210561242/realtime/sampled

Add to watchlist US:EURUSD

Euro

US : Tullett Prebon

1.0765

0.0000 0.0000%

Volume: 0.0000

Dec. 6, 2023 9:58p

/zigman2/quotes/211347177/realtime

Add to watchlist BX:TMBMKGB-10Y

U.K. 10 Year Gilt

BX : Tullett Prebon

3.94

-0.09 -2.29%

Volume: 0.00

Dec. 6, 2023 5:00p

/zigman2/quotes/211347112/realtime

Add to watchlist BX:TMBMKDE-10Y

Germany 10 Year Government Bond

BX : Tullett Prebon

2.20

-0.05 -2.15%

Volume: 0.00

Dec. 6, 2023 6:02p