The broad European Stoxx 600 index was down 1.25 percent to 608.32 at 11:06 CET. During the day, the index has traded within a range of -1.41 percent at its lowest and -0.37 percent at its highest.
Sector-wise, healthcare is performing best, up 0.35 percent, while food and beverage is the second-best performer, up 0.22 percent.
The worst performance is seen in basic resources, down 4.36 percent, while technology is the second weakest, down 2.47 percent.
Shares in clothing company Burberry continued yesterday's decline following its earnings release. At midday on Friday, the stock was down 7.8 percent. Comparable sales increased by 5 percent in Q4 2025/2026. The company stated that its turnaround program continues to yield results. For the 2026/2027 fiscal year, Burberry expects continued revenue growth and margin expansion. At the same time, the company warns of geopolitical uncertainty and weaker consumer confidence.
The corporate front has otherwise been relatively quiet. In Norway, DNB Bank is launching a buyback program for up to 1 percent of outstanding shares. The program has a cap of approximately 4.76 billion Norwegian kroner. The stock is rising 1.6 percent.
French luxury giant LVMH is selling the fashion brand Marc Jacobs to WHP Global and G-III Apparel in a deal worth 850 million dollars. The buyers will pay 425 million dollars each and will each own half of the brand. LVMH is down 1.2 percent.
Automaker Stellantis and China's Dongfeng Group are deepening their strategic cooperation by strengthening the joint venture DPCA. The project involves investments of over 1 billion euros, with Stellantis expected to contribute approximately 130 million euros. Stellantis fell 1.9 percent.
| Index | Last | Today, % | YTD, % | Time |
| Stoxx 600 | 608.32 | -1.25% | 2.71% | 11:06:15 |
| FTSE 100 | 10 233.01 | -1.35% | 3.04% | 11:06:25 |
| DAX | 24 075.12 | -1.56% | -1.70% | 11:06:24 |
| CAC 40 | 7 979.45 | -1.27% | -2.09% | 11:06:28 |
| Sector Performance Stoxx 600: | ||||
| Automobiles & Parts | 459.29 | -1.17% | -12.51% | 11:06:30 |
| Banks | 356.94 | -1.84% | 0.46% | 11:06:30 |
| Basic Resources | 824.38 | -4.36% | 23.75% | 11:06:30 |
| Chemicals | 1 195.01 | -0.78% | 7.91% | 11:06:30 |
| Construction & Materials | 844.45 | -1.70% | -0.43% | 11:06:15 |
| Oil & Gas | 532.88 | -0.60% | 31.70% | 11:06:30 |
| Financial Services | 888.31 | -0.74% | -1.24% | 11:06:15 |
| Food & Beverage | 616.72 | 0.17% | -0.95% | 11:06:15 |
| Industrial Goods | 1103.09 | -1.80% | 3.26% | 11:06:30 |
| Insurance | 495.60 | -0.26% | -2.90% | 11:06:30 |
| Media | 362.74 | -0.62% | -9.06% | 11:06:30 |
| Healthcare | 1 098.18 | 0.34% | -3.84% | 11:06:30 |
| Technology | 923.71 | -2.48% | 10.40% | 11:06:15 |
| Telecommunications | 314.61 | -0.52% | 22.95% | 11:06:30 |
| Utilities | 539.59 | -2.12% | 10.17% | 11:06:15 |
| Personal & Household Goods | 938.58 | -1.17% | -12.56% | 11:06:15 |
| Retail | 428.24 | -1.49% | -11.94% | 11:06:30 |
| Travel & Leisure | 251.19 | -1.82% | -10.45% | 11:06:30 |
| Real Estate | 121.43 | -1.74% | -3.88% | 11:06:15 |
| Source: Factset |
