Market Report - Europe
Europe open: Stoxx rises again as Russia-Ukraine war in focus
By Frank Prenesti
Date: Friday 08 Aug 2025
(Sharecast News) - European shares were mixed at the open at the end of a busy week for earnings as traders eyed the latest moves by US President Donald Trump to broker a deal to end the Russia-Ukraine war.
The pan-regional Stoxx 600 index was up 0.21% to 547 at 0801 BST. Major bourses were mixed, with Germany's DAX down 0.15%, while France's CAC 40 gained 0.39% and Britain's FTSE 100 up 0.26% a day after the Bank of England cut rates.
In equity news, Bechtle shares jumped after the German IT services provider released second-quarter results.
Georgia's TBC Bank slumped despite reporting a rise in second-quarter operating profit.
Munich Re tumbled after the German reinsurer cut its full-year outlook for insurance revenue.
Reporting by Frank Prenesti for Sharecast.com
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