LIVE MARKETS-STOXX higher as aerospace and defence, healthcare provide lift

Reuters

Sep 01

LIVE MARKETS-STOXX higher as aerospace and defence, healthcare provide lift

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com

STOXX HIGHER AS AEROSPACE AND DEFENCE, HEALTHCARE PROVIDE LIFT

Europe's STOXX 600 .STOXX is rising 0.4%, buoyed by aerospace and defence names which are the best off sector, while insurers and utilities names are tracking lower.

A basket of aerospace and defence stocks .SXPARO is up 1.6%, with the likes of Poland's Creotech Instruments CRI1.WA and the UK's BAE Systems BAES.L leading the way, up a respective 4% and 2.4%.

The UK's top riser meanwhile is IT software developer Kainos Group KNOS.L, surging over 17% after an upbeat revenue outlook, while Domino's Pizza is not far behind, with share up 6.6% after the company reaffirmed its 2025 forecast and launched a $27 million share buyback.

Meanwhile Danish drugmaker Novo Nordisk's shares NOVOb.CO are up about 3% after it said its weight-loss drug Wegovy cuts heart risk by 57% versus rival treatments from Eli Lilly LLY.N.

(Lucy Raitano)

*****

FOR MONDAY'S OTHER LIVE MARKETS POSTS:

EUROPE BEFORE THE BELL: FUTURES TICK HIGHER AS MARKETS FACE UNCERTAIN AUTUMN CLICK HERE

CHINA MARKETS LATEST TO GET AI FEVER CLICK HERE

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You can share your thoughts with us at markets.research@thomsonreuters.comSTOXX HIGHER AS AEROSPACE AND DEFENCE, HEALTHCARE PROVIDE LIFTEurope's STOXX 600 .STOXX is rising 0.4%, buoyed by aerospace and defence names which are the best off sector, while insurers and utilities names are tracking lower.    A basket of aerospace and defence stocks .SXPARO is up 1.6%, with the likes of Poland's Creotech Instruments CRI1.WA and the UK's BAE Systems BAES.L leading the way, up a respective 4% and 2.4%. The UK's top riser meanwhile is IT software developer Kainos Group KNOS.L, surging over 17% after an upbeat revenue outlook, while Domino's Pizza is not far behind, with share up 6.6% after the company reaffirmed its 2025 forecast and launched a $27 million share buyback. Meanwhile Danish drugmaker Novo Nordisk's shares NOVOb.CO are up about 3% after it said its weight-loss drug Wegovy cuts heart risk by 57% versus rival treatments from Eli Lilly LLY.N.(Lucy Raitano)*****FOR MONDAY'S OTHER LIVE MARKETS POSTS:EUROPE BEFORE THE BELL: FUTURES TICK HIGHER AS MARKETS FACE UNCERTAIN AUTUMN CLICK HERECHINA MARKETS LATEST TO GET AI FEVER CLICK HERE","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}