European stocks mostly opened higher, with tech and pharmaceutical stocks gaining strength
2026-08-17 07:35
Odaily Planet Daily News: European stocks mostly rose on Monday, after most major indices closed lower last week, with only Germany's DAX index hitting a new all-time 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 competitor ASM International gained 2.35% and 2.7%, respectively. Dutch pharmaceutical company Argenx led the gains, rising approximately 7.7%, following 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)
