European stocks finished lower Wednesday, with the Stoxx Europe 600 index /zigman2/quotes/210599654/delayed XX:SXXP -0.41% falling 1.02% to 398.91.
The German DAX /zigman2/quotes/210597999/delayed DX:DAX -0.56% dropped 1.21% to 12,517.18, the French CAC 40 index /zigman2/quotes/210597958/delayed FR:PX1 -0.67% dropped 0.90% to 5,985.46 and the FTSE 100 index /zigman2/quotes/210598409/delayed UK:UKX +0.15% weakened 0.48% to 7,052.62.
Among Stoxx Europe 600 constituents, securities company Avanza Bank Holding AB /zigman2/quotes/208130840/delayed SE:AZA -2.15% 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 +1.60% and food retail company Ocado Group PLC /zigman2/quotes/207225647/delayed UK:OCDO -1.07% tumbled 10.3% and 10.0%, respectively.
Zur Rose Group AG /zigman2/quotes/205626361/delayed CH:ROSE +1.95% , a drug retail company, and real estate developers firm Castellum AB /zigman2/quotes/206956510/delayed SE:CAST +1.51% 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 -4.01% , 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 +5.29% and biotechnology company arGEN-X SE /zigman2/quotes/209977721/delayed BE:ARGX -2.41% added 3.8% and 3.1%, respectively.
Infineon Technologies AG /zigman2/quotes/203152288/delayed XE:IFX -0.12% , a semiconductors company, and major oil & gas business Repsol S.A. /zigman2/quotes/202941606/delayed ES:REP -0.03% 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 -0.0328% was down 1.77% against the dollar, and the euro /zigman2/quotes/210561242/realtime/sampled EURUSD -0.0095% 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 -1.59% declined 4.30 basis points to 4.033%, and the yield on the German 10-year bund /zigman2/quotes/211347112/realtime BX:TMBMKDE-10Y +1.52% declined 0.085 basis points to 2.03%.