European Stocks Closed Lower on Monday

European stocks experienced a decline in value on Monday, with the Stoxx Europe 600 index falling 0.63% to 457.92. Let's take a look at the performances of some of the major indices:

French CAC 40 Index

The French CAC 40 index dropped 1.12% to 7,291.66.

FTSE 100 Index

The FTSE 100 index declined by 0.38%, closing at 7,406.42.

German DAX

The German DAX saw a slight decrease of 0.23% to 16,068.65.

Among the constituents of the Stoxx Europe 600 index, Bakkafrost P/F experienced the largest drop as their shares plunged by 14.1%. Here is a summary of some other notable performances:

• Compagnie Financiere Richemont S.A.: Shares of this consumer goods firm declined by 10.4%.
• Orion Oyj Series B: The health care/life sciences company witnessed a decrease of 9.1% in their stock value.
• Tomra Systems ASA & Scatec ASA: These companies saw their stocks drop by 6.7% and 5.3% respectively.
• argenx SE: In contrast to the other companies, argenx SE experienced a significant increase with their shares soaring by 31.0%.
• Idorsia Ltd. & Viaplay Group AB Series B: These companies saw an increase in their stock value by 7.2% and 6.0% respectively.
• MorphoSys AG & Orron Energy AB: These companies rounded out the top five largest increases, with their stocks adding 5.1% and 4.4% respectively.

Moving on to currencies and commodities, the pound was down 0.11% against the dollar, while the euro was up by 0.06% against the dollar. Brent crude fell 1.41%, reaching $78.74.

In terms of bond yields, the yield on the 10-year gilt declined by 1.60 basis points to 4.434%. Similarly, the yield on the German 10-year bund fell by 3.010 basis points to 2.48%.