The pan-European Stoxx 600 index closed up more than 1%, spending USD 7.2 billion to settle with Bayer, which fell 7%
In January, the UK inflation rate fell to 3%, and European stock markets rose on Wednesday. The pan-European Stoxx 600 closed up 1.2%.
German life sciences company Bayer announced on Tuesday that its subsidiary Monsanto plans to pay $7.25 billion to settle lawsuits related to the carcinogenicity of its herbicide Roundup, and the company's stock price fell 7% on Wednesday.
The UK FTSE 100 index closed up 130 points or 1.2% at 10,686 points on Wednesday. The German DAX index closed up 279 points or 1.1% at 25,278 points. The French CAC 40 index closed up 67 points or 0.8% at 8,429 points
Source: AASTOCKS The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments