{"id":62007,"date":"2025-07-16T09:07:40","date_gmt":"2025-07-16T09:07:40","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/07\/16\/european-shares-mixed-in-lackluster-trade-3\/"},"modified":"2025-07-16T09:07:40","modified_gmt":"2025-07-16T09:07:40","slug":"european-shares-mixed-in-lackluster-trade-3","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/07\/16\/european-shares-mixed-in-lackluster-trade-3\/","title":{"rendered":"European Shares Mixed In Lackluster Trade"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks struggled for direction on Wednesday following three days of losses.<\/p>\n<p>A cautious undertone prevailed due to lingering tariff worries and disappointing earnings updates from the likes of ASML Holding NV and Renault SA.<\/p>\n<p>Investors were also reacting to data that showed British inflation increased unexpectedly in June to reach an 18-month high due to higher transport and food costs. <\/p>\n<p>The consumer price index advanced 3.6 percent year-on-year in June, faster than the 3.4 percent rise in May. This marked the highest inflation since January 2024.<\/p>\n<p>The pan European STOXX 600 was marginally lower at 544.61 after falling 0.4 percent on Tuesday. <\/p>\n<p>The German DAX edged up by 0.2 percent, while France&#8217;s CAC 40 was marginally higher and the U.K.&#8217;s FTSE 100 rose 0.2 percent. <\/p>\n<p>In corporate news, shares of Kenmare Resources slumped 5 percent. The titanium and zircon miner announced that it is on track to achieve 2025 production and cost guidance.<\/p>\n<p>Chilean miner Antofagasta gained more than 2 percent after copper output rose 11 percent in the first half of 2025.<\/p>\n<p>Stellantis tumbled 3.1 percent. The carmaker scrapped its hydrogen fuel cell <span class=\"landLinks\">technology<\/span> program and said it would no longer launch a range of hydrogen-powered vehicles this year due to factors such as limited availability of hydrogen-refueling infrastructure. <\/p>\n<p>Luxury group Richemont added 1 percent as Q1 revenue topped estimates. <\/p>\n<p>Chipmaking supplier ASML Holding plummeted 7.6 percent after saying it could no longer guarantee growth in 2026 due to uncertainty from U.S. tariffs. <\/p>\n<p>AstraZeneca fell 1.2 percent after its experimental drug for a rare plasma cell disorder failed in an advanced study. <\/p>\n<p>Renault shares tanked 16 percent. The automaker lowered its 2025 guidance and announced the appointment of a new interim chief executive officer. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>European Shares Mixed In Lackluster Trade<\/a><br \/>\n<br \/>2025-07-16 09:07:40<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks struggled for direction on Wednesday following three days of losses. A cautious undertone prevailed due to lingering tariff worries and disappointing earnings updates from the likes of ASML&#8230;<\/p>\n","protected":false},"author":2,"featured_media":62008,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-62007","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/62007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=62007"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/62007\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/62008"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=62007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=62007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=62007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}