Euro Health Stocks No Longer Insulated From Global Selloff -- Market Talk

Date : 12/06/2018 @ 10:25AM
Source : Dow Jones News

Euro Health Stocks No Longer Insulated From Global Selloff -- Market Talk

Sanofi Eur2 (EU:FR0000120578-EUR)
Historical Stock Chart

1 Month : From Nov 2018 to Dec 2018

Click Here for more Sanofi Eur2 Charts.

European pharma stocks slump as the market drops on reinvigorated trade tensions between China and the U.S. and as a broad sell-off reverberates through bourses. Once insulated from broader market downswings--for example, in the market reaction to a troubled Brexit deal between the U.K. and the EU, European pharma shares bucked the downward trend on account of their global nature--the Stoxx 600's health care sector is now down 1.5%. All major European pharma players drop. Novartis, Roche, Astra, GSK, and Sanofi all shed between 1% and 2%. Bayer is down 2.8%. (donatopaolo.mancini@dowjones.com; @donatopmancini)

 

(END) Dow Jones Newswires

December 06, 2018 05:10 ET (10:10 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:us D:20181219 09:58:00