European markets close at fresh high in final full session before Christmas

The pan-European Stoxx 600 has had bumper year.

European markets close at fresh high in final full session before Christmas

TL;DR

  • The pan-European Stoxx 600 closed up 0.3%, reaching a new record closing high.
  • Novo Nordisk shares surged 9.2% after gaining FDA approval for the first GLP-1 pill.
  • The Stoxx 600 healthcare index rose over 1%, with Zealand Pharma also seeing gains.
  • Gold and silver futures reached fresh highs for the second consecutive day.
  • Spanish Q3 GDP confirmed a year-on-year growth of 2.8%.
  • Orsted shares recovered slightly after a previous drop related to US offshore wind project leases.
  • Greenland's Prime Minister addressed the appointment of a special envoy by Donald Trump.