The pan-European STOXX 600 index closed higher, with Nestlé's stock price soaring nearly 10%

AASTOCKS
2025.10.16 20:52

European stock markets rose back and forth on Thursday, with the pan-European STOXX 600 index closing up 0.7%. The food and beverage sector led the gains, with Nestlé's stock price soaring over 9% after announcing a layoff plan.

The UK FTSE 100 index closed up 11 points, an increase of 0.1%, at 9,436 points.

The German DAX index closed up 90 points, an increase of 0.4%, at 24,272 points.

The French CAC 40 index closed up 111 points, an increase of 1.4%, at 8,188 points