European stocks were mixed with some gains and losses, Telefonica sold Colombian business

From Nasdaq: 2025-03-13 05:01:01

European stocks were mixed on Thursday as concerns about U.S. tariffs lingered. The STOXX 600 slightly dropped to 540.94. The DAX fell 0.6%, while the CAC 40 and FTSE 100 also saw losses or gains. Telefonica sold its Colombian business to Millicom Spain for $400 million, boosting shares by 1.7%. Hugo Boss fell 4% due to poor performance. Hannover saw a 1% rise in profits, while Energiekontor AG jumped 2% after raising earnings guidance. Deliveroo dropped 7% as profitability targets were delayed, and IG Group Holdings surged 4.2% with a 12% revenue increase in Q3 FY25.



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