financetom
World
financetom
/
World
/
European Equities Close Mostly Higher in Monday Trading; German Manufacturing Rises More Than Expected
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
European Equities Close Mostly Higher in Monday Trading; German Manufacturing Rises More Than Expected
Sep 8, 2025 9:42 AM

12:16 PM EDT, 09/08/2025 (MT Newswires) -- The European stock markets closed mostly higher in Monday trading as the Stoxx Europe 600 rose 0.60%, Germany's DAX increased 0.96%, the FTSE gained 0.14%, France's CAC advanced 0.78%, and the Swiss Market Index was down 0.47%.

In Germany, price-adjusted production in the manufacturing sector rose by a seasonally and calendar-adjusted 1.3% in July from June, according to preliminary data from the Federal Statistical Office. Analysts expected a 1.1% increase, according to Bloomberg.

And in corporate news, German biotech firm BioNTech and Pfizer said Monday that preliminary data from a phase 3 study of their LP.8.1-adapted COVID-19 vaccine, Comirnaty, showed a robust immune response. Results showed LP.8.1-neutralizing antibody titers increased at least four-fold 14 days after vaccination in both age groups.

BioNTech shares fell more than 8% in Frankfurt.

Shares of Edenred fell 3.4% in Paris after the Turkish Competition Authority opened an investigation into whether the company violated competition laws in Turkey.

AstraZeneca said Sunday that results from a phase 3 trial of Tagrisso plus pemetrexed and platinum-based chemotherapy showed statistically significant and clinically meaningful improvement in the key secondary endpoint of overall survival compared with Tagrisso alone in patients with non-small cell lung cancer.

The pharmaceutical company's shares closed 1% lower in London.

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 >
GLOBAL MARKETS-Asia shares on a roll as SNB kicks off rate cuts
GLOBAL MARKETS-Asia shares on a roll as SNB kicks off rate cuts
Mar 21, 2024
SINGAPORE, March 22 (Reuters) - Asian stocks were near a weekly gain on Friday and the Nikkei charged to a record high, riding a rally from its global counterparts after a surprise rate cut from the Swiss National Bank had investors wagering who could be next. The SNB's 25 basis point rate cut on Thursday proved a shot in the...
Asia shares on a roll as SNB kicks off rate cuts
Asia shares on a roll as SNB kicks off rate cuts
Mar 21, 2024
SINGAPORE (Reuters) - Asian stocks were near a weekly gain on Friday and the Nikkei charged to a record high, riding a rally from its global counterparts after a surprise rate cut from the Swiss National Bank had investors wagering who could be next. The SNB's 25 basis point rate cut on Thursday proved a shot in the arm for...
GLOBAL MARKETS-China gloom sucks life out of Asia's rate cut cheer
GLOBAL MARKETS-China gloom sucks life out of Asia's rate cut cheer
Mar 21, 2024
(Recasts to lead on Chinese markets, updates prices) By Rae Wee SINGAPORE, March 22 (Reuters) - Chinese stocks were a sea of red on Friday and the yuan fell sharply, dragging down the broader mood in Asia and putting a dent in the rate cut rally after a surprise move from the Swiss National Bank had investors wagering on who...
China yuan falls to four-month low, state banks step in
China yuan falls to four-month low, state banks step in
Mar 21, 2024
(Updates to midday) SHANGHAI, March 22 (Reuters) - China's yuan declined to a four-month low against the dollar on Friday, breaching a key threshold and prompting state-owned banks to step in to defend the currency. In the spot market, the onshore yuan fell to the weak side of the psychologically important 7.2 per dollar level to hit a low of...
Copyright 2023-2025 - www.financetom.com All Rights Reserved