European luxury goods concept stocks saw the largest weekly increase since 2012.
On Friday, September 27, the personal and household products index of the STOXX 600 index rose by 1.77%, marking a fifth consecutive trading day increase, with a total surge of 9.38% for the week. Data shows that among the component stocks, Henkel rose by 10.91% on Friday, Beiersdorf by 6.96%, Yunji Group by 6.34%, Ubisoft Entertainment by 5.94%, and Hugo Boss by 5.45% ranking fifth in performance, while LVMH Group rose by 3.67% ranking ninth in terms of increase. Meanwhile, L'Oreal dropped by 0.66%, marking the largest decrease among the three component stocks that fell. Among the "EU Eleven Heavenly Kings," Novo-Nordisk A/S dropped by 4.59%, while L'Oreal...
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