European stocks close slightly lower, with the results of companies’ business follow-up | latest news

European stocks ended the trading session on Tuesday, the second of August, with a slight decline, with the results of companies’ business follow-up.

At the end of the session, the STOXX600 index declined by 0.2% at 436 points, following financial services stocks fell by 1.7%, topping the losses.

The German DAX index fell by 0.23% to 13,449 points, and the British FTSE index fell less than 0.1% at 7409 points.

The French CAC fell by 0.42% to 6409 points.

Profits remain the main driver of individual stock price movement.

BP, Ferrari, Maersk and Uniper were among the major European companies that disclosed their business results.

UK oil giant BP boosted its dividend as it posted bumper profits in the second quarter, benefiting from higher commodity prices.

BP shares rose nearly 3%, supported by business results.

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