European stocks break three-day bearish streak

European stocks ended higher on Monday, with the Stoxx Europe 600 SXXP index,
rising 0.54% to 409.31.

The FTSE 100 UKX index,
added 0.89% to 7,232.65, the French CAC 40 PX1 index,
gained 0.40% to 5,954.65 and the German DAX DAX,
fell 0.31% to 12,773.38.

Among the constituents of Stoxx Europe 600, oil and gas major Equinor ASA EQNR,
saw the biggest increase on Monday, with stocks rising 5.7%.

Shares of the oil extraction company Lundin Energy AB LUNE,
and the fishing company Bakkafrost P/F BAKKA,
added 5.7% and 5.6%, respectively.

Polski Koncern Naftowy ORLEN SA PKN,
a major oil and gas company and an oil extraction company Aker BP ASA AKRBP,
completed the five largest increases, with their shares rising 4.7% and 4.6%, respectively.

Shares of the multi-service company Uniper SE UN01,
saw the steepest decline among Stoxx Europe 600 constituents, with shares cratering 27.6% on Monday.

Shares of the property development company Kojamo Oyj KOJAMO,
and the software company Samhaellsbyggnadsbolaget i Norden AB Series B SBB.B,
fell 12.5% ​​and 11.0%, respectively.

Atos SE ATO,
an IT services company, and the property development company Wallenstam AB Series B WALL.B,
completed the five biggest declines, with their shares dropping 10.6% and 10.2%, respectively.

The GBPUSD pound,
was up 0.08% against the dollar and the euro EURUSD,
increased by 0.03%. Brent Crude United States: BRN00
rose 1.82% to $113.66.

The yield of the TMBMKGB-10Y 10-year gilt,
fell 5.35 basis points to 2.199%, and the 10-year German Bund yield TMBMKDE-10Y,
fell 0.087 basis points to 1.34%.

Editor’s note: This story was automatically generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our Market Data Terms of Use.

Garland K. Long