European Indexes Start Week Mostly Higher, Boosted by Tech, Pharma Stocks

Dow Jones
08/17

0728 GMT - European markets started the new week mostly higher after most ended the previous week lower, except for Germany's DAX, which closed at a new record. The Europe-wide Stoxx 600 index was up 0.2% and boosted by technology and pharma stocks. SpaceX supplier STMicroelectronics was up 3%, while Dutch semiconductor-equipment maker ASML Holding and smaller rival ASM International were up 2.35% and 2.7%, respectively. Dutch pharmaceutical company Argenx was leading the index risers--up around 7.7%--after reporting positive trial results. Germany's DAX and London's FTSE 100 indexes were up 0.02% and 0.3%, respectively, while France's CAC 40 was down 0.1%.

 

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