European life sciences stocks rise on strong sector momentum

Charles River Laboratories International

06/10/2026 09:58

** European life sciences stocks rise on Tuesday, with an analyst pointing to a good performance of US peer and strong momentum in the sector
** BioMerieux BIOX.PA, Eurofins  EUFI.PA, Sartorius Stedim STDM.PA and DiaSorin DIAS.MI rise between 2.6% - 4.2% 
** A strong share price performance of Charles River CRL.N is having a spillover effect on the sector, according to Bernstein analyst Delphine Le Louet
** Le Louet notes that strong momentum is building in the biotech space and early clinical trials, which benefits companies involved in biopharma testing
** The analyst adds that the broader healthcare sector is currently outperforming as it is cash-rich and not too sensitive to interest rates, prompting investors to rethink their allocations 
** STOXX healthcare index .SXDP is up 1.7%, among top sectoral moves in Europe

(Reporting by Hugo Lhomedet)
((hugo.lhomedet@thomsonreuters.com))