Stocks struggle to grow on Wednesday as Covid cases are on rise in Europe. The risk of new restrictions dampened investors optimism.

DAX30  -0.68%    CAC40  -0.38%    FTSE100  -0.04%    IBEX35  -0.34%    MIB  -0.20%

France: Insee, French National Institute for Statistics and Economic Studies, published Business Climate Composite Indicator which is 113.5 for November. It can be seen from the graph below that it is highest value in the last several months.

The UK: CBI Monthly Industrial Trends Survey (the survey of 282 manufacturers) shows that the UK Manufacturing Orders in November are strongest since 1977. Total Order Books are up 26% (+9% in October). Output growth is also strong, particularly in the food, drink & tobacco, electronic engineering and chemical sectors. In the three months to November the growth is 17% (+15% in October).

Germany: The ifo Business Climate Index for Germany fell from 97.7 points in October to 96.5 points in November. Supply bottlenecks and the fourth wave of the coronavirus are challenging German economy, the ifo Institute said.

Top Outperformers of the Day

Ticker Company Industry Сurrency Market Cap
in Bln
Dividend Yield Price Change
CPG Compass Group PLC Consumer Goods GBP 27.84 0% 5.64%
HM-B Hennes & Mauritz AB Consumer Services SEK 284.19 0% 5.38%
EQNR Equinor ASA Oil&Gas USD 84.04 2.75% 3.53%
BP BP PLC Oil&Gas USD 100.13 6.85% 3%
RIO Rio Tinto PLC Basic Materials USD 103.42 8.72% 2.95%

Top Underperformers of the Day

Ticker Company Industry Сurrency Market Cap
in Bln
Dividend Yield Price Change
TKA ThyssenKrupp AG Industrials EUR 6.6 0% -6.11%
ASML ASML Holding N.V. Technology EUR 294.1 0.39% -5.51%
PGHN Partners Group AG Financials CHF 41.67 1.76% -4.93%
LONN Lonza Group AG Healthcare CHF 52.55 0.42% -4.69%
TIT Telecom Italia SpA Telecommunications EUR 9.12 2.33% -4.44%

Industry Performance over the Day

Energy companies were clear winners of the day followed by Basic Materials and Utilities. Technology and Healthcare were laggards.

Industry Basic Materials Consumer Goods Consumer Services Financials Healthcare Industrials Oil&Gas Technology Telecoms Utilities
Average Daily Return 0.24% -0.71% -0.14% -0.4% -1.27% -0.61% 1.45% -2.11% -1.25% 0.03%

Notes

Daily performance information in the tables above is based only on the performance of 250 stocks covered in this website.

Sources of information are as follows: Deutsche Bundesbank, The UK’s Office for National Statistics, European Commission services, Insee (French National Institute for Statistics and Economic Studies), The ifo Institute for Economic Research.

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