European markets mixed as tech weighs; earnings drive stock moves: DAX, CAC, FTSE100

European equities traded in mixed fashion on Wednesday, with investors reacting to a fresh wave of corporate earnings. Technology names faced selling pressure after Dassault flagged ongoing weakness in the European automotive sector.

The U.K.’s FTSE 100 Index advanced 0.8%, while France’s CAC 40 hovered around flat levels. Germany’s DAX Index slipped 0.3%.

Among individual movers, TotalEnergies (EU:TTE) gained 1.3% after the energy group lifted its final 2025 dividend by 5.6% to €3.40 per share.

In contrast, software company Dassault Systemes (EU:DSY) plunged 20% following weaker-than-expected fourth-quarter results and a subdued outlook for the year ahead.

Dutch recruitment specialist Randstad (EU:RAND) dropped 8.5% after issuing cautious guidance for the first quarter.

Supermarket operator Ahold Delhaize (EU:AD) climbed 7% as its fourth-quarter earnings topped market forecasts.

Heineken (EU:HEIA) rose 5.3% despite announcing plans to cut up to 6,000 jobs globally as it navigates a challenging demand environment.

German bank Commerzbank (TG:CBK) fell 3%, even after posting a record €4.5 billion operating result for the 2025 fiscal year.

Siemens Energy (TG:SIE) rallied 6% after reporting that first-quarter profit nearly tripled, supported by strong AI-related demand for gas turbines and grid infrastructure equipment.

Thyssenkrupp Nucera (TG:NCH2), a producer of electrolysers, edged up 1.1% after reaffirming its FY26 guidance.

Swiss elevator manufacturer Schindler Holding (TG:SHR) slid 8% after forecasting low- to mid-single-digit revenue growth in local currencies for 2026.

In London, engineering firm Renishaw (LSE:RSW) advanced 2.7% on stronger-than-expected half-year figures.

Housebuilder Barratt Redrow (LSE:BTRW) declined 6.3% after reporting first-half profits that missed expectations.

Meanwhile, shares of London Stock Exchange Group (LSE:LSEG) rose 2.5% amid reports that activist investor Elliott Management has taken a sizable position in the company.

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