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European Equities Close Mixed in Tuesday Trading; EU Market Production Increased
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European Equities Close Mixed in Tuesday Trading; EU Market Production Increased
Jun 10, 2025 9:19 AM

12:06 PM EDT, 06/10/2025 (MT Newswires) -- The European stock markets closed mixed in Tuesday trading as the Stoxx Europe 600 gained 0.08%, Germany's DAX was down 0.77%, the FTSE 100 increased 0.24%, France's CAC 40 gained 0.17% and the Swiss Market Index fell 0.23%.

The European Union's total market production increased by 0.9% in March while the euro area saw 1.2% growth compared with the previous month, according to Eurostat, the statistical office of the EU. The increase in production was driven by growth in industrial production and services that increased 1.9% and 0.6%, respectively.

The Council and European Parliament have provisionally agreed on an updated regulation for detergents and surfactants, aiming to simplify market access, foster innovation for products like microbial cleaners and impact consumer habits like bulk sales and refills, the Council of the EU said.

In the UK, public sector employment increased by 0.6% or 35,000 to 6.15 million in March compared with a year ago, the Office of National Statistics said. The employment in central government reached a record high of 4.02 million in March, up 2.4% or 93,000 from the previous year, with the National Health Service and the Civil Service being the main drivers.

The share of atypical employees, or those in non-permanent jobs, fell to 17.2% in 2024 and has continued to decline since the start of the 2010s, according to Germany's Federal Statistical Office. Three out of four core workers are in regular employment, while 8% of the workforce is self-employed.

Shares of Umicore were up over 17% in Brussels after Goldman Sachs upgraded its rating to buy from neutral and raised the price target to 16 euros from 8.40 euros.

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