Oil Firms and Drug Makers Lowered Europe Stocks

As of February 11, European stock markets fell after the negative news from  the world’s largest insulin maker Novo Nordisk and oil company Lundin Petroleum AB. As a result, Stoxx 50 and DAX fell by 0.29% and 0.24%, respectively, while FTSE 100 slightly rose by 0.21% provided by an upgrade of Tesco Plc. and gains in bank shares.

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