European Stocks Mostly Down while German Shares Up

European Stocks Mostly Down while German Shares Up

On Thursday, August 19, European stocks were mostly down as France’s CAC 40 Index led the losses by 0.73%. Meanwhile, the German stocks were up.

In the Paris Stock Exchange, the CAC 40 Index pulled European stocks down. It crashed 0.73% with a net loss of $49.73 which sent the stocks to the bottom at $6,770 per share.

Its worst performers include LVMH Moet Hennessy Louis Vuitton SE which plummeted 5.16% or 35.60 points to $764.59 per share.

Then, Hermes International S.C.A. plunged 3.76% or 50.00 points to $1,494.59 per share. Also, Kering subsided 3.55% or 26.40 points to $838.37 per share.

Meanwhile, the benchmark’s best performers were Engie S.A. which climbed 1.66% or 0.20 points to $14.19 per share.

Additionally, Veolia Environnement S.A. increased 1.60% or 0.45 points to $33.39 per share.

Then, Vinci S.A. followed as it gained 1.42% or 1.28 points to $107.11 per share.

In the London Stock Exchange, the FTSE All-Share Index dropped 0.02% with a net decline of $0.84. This sent the stocks below at $4,123 per share.

Also, the FTSE 100 Index led the European stocks down as it lost 0.16% with a net fall of $11.79. This sent the stocks down at $7,169 per share.

BHP Group PLC led the benchmark’s losses as it fluctuated 5.9% or 140.00 to $3,042.04 per share. 

While Just Eat N.V. led the index’s gains as it spiked 5.23% or 330.00 points to $9,06.93 per share.

Germany Led European Stocks’ Gains

Furthermore, German stock markets climbed which led to the gains of European stocks.

In the Frankfurt Stock Exchange, the MDAX Performance Index smashed 0.78% with a net gain of $277.98. This sent the stocks above at $36,011 per share.

Its best performer was HelloFresh SE which spiked 6.93% or 5.96 points to $107.45 per share.

While its worst performer was Hugo Boss AG which shed 2.19% or 1.12 points to $58.35 per share.

Moreover, the DAX Index contributed to the gains of the European stocks as it increased 0.28% or $44.02. This sent the stocks higher at $15,966 per share.

Its top performer was Deutsche Post AG which soared 2.43% or 1.42 points to $69.99 per share.

Meanwhile, its bottom performer was Adidas AG which slumped 1.51% or 4.70 points to $358.55 per share.