financetom
World
financetom
/
World
/
European Equities Close Mixed in Wednesday Trading; Glencore, Novo Nordisk Earnings Decline
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
European Equities Close Mixed in Wednesday Trading; Glencore, Novo Nordisk Earnings Decline
Aug 6, 2025 9:26 AM

12:10 PM EDT, 08/06/2025 (MT Newswires) -- The European stock markets closed mixed in Wednesday trading as The Stoxx Europe 600 was off 0.09%, Germany's DAX gained 0.33%, the FTSE 100 rose 0.24%, France's CAC increased 0.18%, and the Swiss Market Index declined 0.87%.

The seasonally adjusted retail trade volume increased 0.3% in both the euro area and the EU in June, compared with May, according to first estimates from Eurostat, the statistical office of the European Union. Compared with the same month in 2024, the calendar adjusted retail sales index rose 3.1% in both the euro area and the EU.

And in corporate news, Glencore reported Wednesday that its loss for the first half widened, while revenue rose year over year.

Shares of the British mining company closed 5.4% lower on the FTSE 100.

Novo Nordisk reported Q2 earnings Wednesday of 5.96 Danish kroner ($0.92) per diluted share, up from 4.49 Danish kroner a year earlier. The pharmaceutical giant lowered its 2025 sales growth guidance to 8% to 14% from the previous range of 13% to 21%.

Shares of Novo Nordisk fell 5.4% in Copenhagen.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Morning Bid: Markets long for more signal, less noise on trade
Morning Bid: Markets long for more signal, less noise on trade
May 25, 2025
A look at the day ahead in European and global markets from Wayne Cole. It's been a blessedly quiet start to the week, with President Trump more engrossed on his disappointment with Russia, than his trade war. In this case, silence is golden, as the White House's communication on trade has been a lot more noise than signal. Thus, Agriculture...
MORNING BID EUROPE-Markets long for more signal, less noise on trade
MORNING BID EUROPE-Markets long for more signal, less noise on trade
May 25, 2025
A look at the day ahead in European and global markets from Wayne Cole. It's been a blessedly quiet start to the week, with President Trump more engrossed on his disappointment with Russia, than his trade war. In this case, silence is golden, as the White House's communication on trade has been a lot more noise than signal. Thus, Agriculture...
Oil prices edge higher amid economic uncertainty, OPEC+ supply fears
Oil prices edge higher amid economic uncertainty, OPEC+ supply fears
May 25, 2025
NEW DELHI (Reuters) -Oil prices inched higher on Monday though remained dogged by uncertainty over trade talks between the U.S. and China, clouding the outlook for global growth and fuel demand, while the prospect of OPEC+ raising supply cast more gloom. Brent crude futures were up 21 cents, or 0.3%, at $67.08 a barrel, as of 0742 GMT. U.S. West...
Japan's Nikkei rallies for fourth day; Toyota leads auto surge
Japan's Nikkei rallies for fourth day; Toyota leads auto surge
May 25, 2025
(Updates with closing levels) By Kevin Buckland TOKYO, April 28 (Reuters) - Japan's Nikkei rose for a fourth straight session on Monday, driven by automobiles stocks after Toyota Motor ( TM ) revealed it might invest in key parts supplier Toyota Industries ( TYIDF ). Sentiment was also buoyed broadly by some signs of a thaw in the Sino-U.S. trade...
Copyright 2023-2026 - www.financetom.com All Rights Reserved