Strong corporate earnings see European markets end April on high note

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US shares fall on inflation worries via IrishTimesBiz

, fell heavily in morning trading and did not recover in the afternoon. It finished 6 per cent weaker on 75 cent.The FTSE 100 rose, driven by miners and strong quarterly earnings, with investors now focused on the Bank of England meeting next week amid concerns over the soaring cost of living. The blue-chip index closed 0.5 per cent higher, lifted by a 1.2 per cent rise in shares of Dove soap makerThe FTSE 100 has risen nearly 0.

The domestically focused mid-cap FTSE 250 index advanced 0.4 per cent on the day. However, it recorded a monthly dip of 2 per cent. rose 0.5 per cent as it beat quarterly sales expectations, having increased prices to offset soaring raw material costs and flat volumes.tumbled 13 per cent, after the electricals retailer warned of a hit to profit in the near term due to inflationary pressures and supply chain woes.The pan-European Stoxx 600 index rose 0.7 per cent, trimming its monthly declines to 1.2 per cent.gained 5.4 per cent after increasing its sales and operating profit outlook for the year.

 

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Strong earnings spur rally across European stocksThe pan-European Stoxx 600 index closed up 0.6 per cent but was below session highs
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