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European stocks mostly opened higher, with tech and pharma shares gaining strength

2026-08-17 07:35

Odaily News European stocks mostly rose on Monday, after most major indices closed lower last week, with only Germany's DAX index hitting a record high. The pan-European Stoxx 600 index rose 0.2%, led by gains in technology and pharmaceutical stocks. SpaceX supplier STMicroelectronics rose 3%, while ASML and its smaller rival ASM International gained 2.35% and 2.7%, respectively. Dutch pharmaceutical company Argenx led the gains, rising about 7.7%, after the company reported positive clinical trial results. Germany's DAX index and the UK's FTSE 100 index rose 0.02% and 0.3%, respectively, while France's CAC 40 index fell 0.1%. (Jin Shi)

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