European stock market Mostly positive Keep an eye on the operating results of major listed companies.
“European stock markets” opened mostly positive. The household products stock index rose 0.9% as investors keep an eye on the performance of major listed companies.
European stock markets opened mostly higher today (February 8) as investors awaited earnings reports from major listed companies later today.
The STOXX 600 index opened at 485.51 points, down 0.12 points or -0.02%. The German DAX index opened at 16,936.14 points, up 14.18 points or +0.08%. The French CAC-40 index opened at 7,628.60 points, up 17.34 points or +0.23%.
The household goods sector index rose 0.9%, while the oil and gas sector index fell 0.6%.
Shares of Maersk, a major Danish shipping company, fell more than 11% after the company suspended its share buyback plan and warned of high uncertainty regarding its 2567 earnings outlook amid problems in the Red Sea.
Shares of Societe Generale, one of France's largest banks, fell 0.9% after reporting a significant drop in profits in the fourth quarter of 2023, driven by declining revenue.
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