German giant SAP rose by 2.7%, as investors welcomed the resilience of its cloud operations despite mixed third-quarter results. Kering surged by 5% following reports of improved sales for Gucci and its other brands, indicating a potential recovery for the luxury group.
In the consumer sector, Unilever gained 0.4% after reaffirming its financial targets for 2025. Thales also saw a 2.5% increase, supported by a strong order book in defense.
Conversely, Roche Holding experienced a 2% decline, as the Swiss laboratory's results fell short of market expectations. Dassault Systèmes recorded the largest drop on the STOXX 600, plummeting over 20% after lowering its annual growth forecasts, leading to a significant pullback in the technology sector.
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