European Shares Close Muted

2026-08-05 16:11 By Andre Joaquim 1 min. read

European stocks closed mixed on Wednesday, holding close to all-time highs from earlier in the week following a batch of corporate results.

The Euro STOXX 50 inched marginally down to 6,448 and the STOXX Europe 50 added 0.1% to 657.

Siemens Energy closed near the flatline even though it beats earnings estimates, with orders reaching record highs on the back of its business to power data centers.

Meanwhile, SAP added over 1% to track the positive signals from US software counterparts, while Bayer and Argenx each gained more than 2% for a strong session in pharmaceuticals.

Conversely, Infineon sank 5.7% as its guidance disappointed a portion of investors.

Also, DHL dropped 3.7% after posting its results.

Outside the Eurozone, Novo Nordisk closed flat despite issuing upbeat guidance, as concerns over the outlook for its obesity business continued to weigh on the stock.

Also, Glencore surged 3.8% after delivering a strong guidance and plans to pursue a secondary listing on the ASX.



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European Shares Close Muted
European stocks closed mixed on Wednesday, holding close to all-time highs from earlier in the week following a batch of corporate results. The Euro STOXX 50 inched marginally down to 6,448 and the STOXX Europe 50 added 0.1% to 657. Siemens Energy closed near the flatline even though it beats earnings estimates, with orders reaching record highs on the back of its business to power data centers. Meanwhile, SAP added over 1% to track the positive signals from US software counterparts, while Bayer and Argenx each gained more than 2% for a strong session in pharmaceuticals. Conversely, Infineon sank 5.7% as its guidance disappointed a portion of investors. Also, DHL dropped 3.7% after posting its results. Outside the Eurozone, Novo Nordisk closed flat despite issuing upbeat guidance, as concerns over the outlook for its obesity business continued to weigh on the stock. Also, Glencore surged 3.8% after delivering a strong guidance and plans to pursue a secondary listing on the ASX.
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