Radiocor News

Europe shares end mostly lower amid US tech selloff -2-

(Il Sole 24 Ore Radiocor) - London, 17 Jul - In European stock market dealings, Novo Nordisk shares fell 5.26% at 919.00 Danish crowns in Copenhagen as competition heats up in the obesity drug market following positive early-trial data from Roche's new weight-loss pill. The Swiss pharmaceutical company closed 5.83% higher at 274.00 Swiss francs in Zurich.

In Amsterdam, Dutch semiconductor giant ASML lost 10.93% at 870.90 euros on a downbeat third quarter sales forecast.

Reports from Bloomberg that the US is considering sharper trade restrictions for chip equipment firms exporting their technology to China also weighed on the broader chip sector.

Shares of the Italian consumer electronics and household appliance retailer Unieuro rallied 40.78% at 11.60 euros in Milan trade, on the back of a cash-and-share offer from an investment vehicle led by the French retailer Fnac Darty.

AAA-Zap

(RADIOCOR) 17-07-24 19:08:03 (0652) 5 NNNN

 


The Exchange accepts no responsability for the content of the website you are now accessing or for any reliance placed by you or any person on the information contained on it.

By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.


You will be redirected in five seconds.