Europe shares end lower amid rising Middle East uncertainty -2-
(Il Sole 24 Ore Radiocor) - Milano, 4 mag - In European stock market dealings, shares of the Belgian biopharma firm UCB fell 0.57% to 228.50 euros as investors reacted coldly to the announcement of a definitive agreement to acquire Candid Therapeutics, a US biotech company specialized in autoimmune disease treatments.
In Frankfurt, automotive stocks moved into reverse after US president Donald Trump announced plans to hike customs duties on EU cars and trucks to 25%, sending Mercedes-Benz down 3.35% to 47.93 euros and BMW 2.44% lower to 76.02 euros.
Meanwhile, in Paris, Soitec shares soared 20.91% to 153.50 euros, boosted by positive ratings and an upbeat outlook from.
analysts at Deutsche Bank.
(RADIOCOR) 04-05-26 18:19:11 (0545) 5 NNNN