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Energy, tech stocks boost European shares at open

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Energy, tech stocks boost European shares at open

rose at the open on Thursday, led by energy and technology stocks, as upbeat earnings supported gains in the benchmark.

Telecoms was among the top five major percentage gainers in the sub-sectors, adding 0.8%, while heavyweight energy stocks advanced 1%.) advanced 2.6% after Europe's largest telecoms group by market capitalisation raised its full-year core profit forecast and marginally beat third-quarter core profit expectations.) gained 2.9% after Europe's largest tech firm said it expects sales to grow by 8% to 14% over the coming five years, boosting the tech sub-sector 0.9%.

Minutes from the European Central Bank's October policy meeting, where it had cut rates as expected, along with readings of euro-zone third-quarter employment and GDP are due later in the day.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

 

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