European shares at record high despite Novo Nordisk tumble - News Summed Up

European shares at record high despite Novo Nordisk tumble


Kerry Group topped the index on Wednesday, rising 5.36 per cent to €77.60, while Kingspan Group registered a strong 3.88 per cent gain. Homebuilders Cairn Homes and Glenveagh Properties gained on the day, adding 3.52 per cent and 2.72 per cent, respectively. Alongside the banks, the index’s gains were trimmed by Ryanair, which fell by 0.48 per cent but remains strong at €28.84. Healthcare stocks ⁠were up 1.9 per cent, after drugmaker GSK hit a 26-year high, up 6.9 per cent, following its ‌upbeat fourth-quarter ​results. Tech and media stocks fell 2.5 per cent and 0.7 per cent, respectively, adding to their steep declines on Tuesday.


Source: The Irish Times February 05, 2026 06:21 UTC



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