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Aug 07, 2026
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European Shares Rise

OBBM Network Editorial Staff
August 7, 2026
European Shares Rise

European shares edged higher on Friday, led by healthcare stocks, though rising oil prices and renewed Middle East tensions kept risk appetite in check.

The pan-European STOXX 600 rose 0.2% to 659.59 points by 0731 GMT, and was on track for a fourth consecutive weekly advance.

Healthcare stocks led gains, rising 1.3%. Genmab jumped 7.2% after the cancer drugmaker reported higher first-half revenue and raised its full-year outlook.

Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.

OBBM Network Editorial Staff

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Editorial team behind OBBM Network — independent, hyper-local journalism syndicated through HyperLocalLoop and OBBM Network TV.

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