--- title: "The pan-European STOXX 600 index closed higher, with Nestlé's stock price soaring nearly 10%" description: "European stock markets rose back and forth on Thursday, with the pan-European STOXX 600 index closing up 0.7%. The food and beverage sector led the gains, with Nestlé's stock price soaring more than 9" type: "news" locale: "en" url: "https://longbridge.com/en/news/261509039.md" published_at: "2025-10-16T20:52:41.000Z" --- # The pan-European STOXX 600 index closed higher, with Nestlé's stock price soaring nearly 10% > European stock markets rose back and forth on Thursday, with the pan-European STOXX 600 index closing up 0.7%. The food and beverage sector led the gains, with Nestlé's stock price soaring more than 9% after announcing a layoff plan. The UK FTSE 100 index closed up 11 points, an increase of 0.1%, at 9,436 points. The German DAX index closed up 90 points, an increase of 0.4%, at 24,272 points. The French CAC 40 index closed up 111 points, an increase of 1.4%, at 8,188 points European stock markets rose back and forth on Thursday, with the pan-European STOXX 600 index closing up 0.7%. The food and beverage sector led the gains, with Nestlé's stock price soaring over 9% after announcing a layoff plan. The UK FTSE 100 index closed up 11 points, an increase of 0.1%, at 9,436 points. The German DAX index closed up 90 points, an increase of 0.4%, at 24,272 points. The French CAC 40 index closed up 111 points, an increase of 1.4%, at 8,188 points ### Related Stocks - [NSRGY.US - Nestlé](https://longbridge.com/en/quote/NSRGY.US.md) - [NSRGF.US - Nestlé S.A.](https://longbridge.com/en/quote/NSRGF.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Puzo Michael J Cuts Stake in Nestle SA $NSRGY | Puzo Michael J reduced its stake in Nestle SA (OTCMKTS:NSRGY) by 52.6% in Q3, now holding 11,210 shares valued at $1,029 | [Link](https://longbridge.com/en/news/276447717.md) | | Nestlé CFO on call: Q1 impact on sales returns and stock shortages from infant formula recall about CHF 200 mln | Nestlé CFO on call: Q1 impact on sales returns and stock shortages from infant formula recall about CHF 200 mln | [Link](https://longbridge.com/en/news/276321173.md) | | Bonyan Development And Trade Secures Full Leasing Of Golden Gate Building A5 To Nestlé Egypt | BONYAN DEVELOPMENT AND TRADE :BONYAN DEVELOPMENT AND TRADE - BONYAN SECURES FULL LEASING OF GOLDEN GATE BUILDING A5 TO N | [Link](https://longbridge.com/en/news/276040112.md) | | BofA: Nestlé Serves 'Good Enough' Q4 2025; Buy Rating Maintained | BofA: Nestlé Serves 'Good Enough' Q4 2025; Buy Rating Maintained | [Link](https://longbridge.com/en/news/276463948.md) | | Nestlé plans ice-cream sale, waters exit in portfolio reset under new CEO | Nestlé is streamlining its portfolio by selling its ice-cream business to Froneri and planning to exit its waters and pr | [Link](https://longbridge.com/en/news/276332498.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.