[BENGALURU] European shares ended higher on Thursday as short covering kicked in ahead of a long Easter weekend and strong quarterly results including those from Unilever and Nestle tempered data showing euro zone businesses unexpectedly slowed this month.
The data came on the heels of the German government lowering its forecast for 2019 economic growth on Wednesday, which was overshadowed by better-than-expected economic data out of China.Markets however turned to end higher as a weaker euro and short covering ahead of Easter holidays benefited stocks.
Amsterdam-listed shares of Unilever hit a life-high after the consumer goods group reported stronger than expected quarterly underlying sales growth, helped by increased prices and volume.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Europe: Shares end higher boosted by banks and auto stocks[BENGALURU] European shares finished higher for a third straight day on Friday, with investor sentiment getting a boost from JP Morgan setting a strong start to US earnings and amid signs of stabilisation in China's economy. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Europe: Shares recover, airline stocks zoom on Brexit delay[BENGALURU] European shares ground higher on Thursday, buoyed by gains among bank and travel stocks, with risk appetite aided by a European Central Bank official expressing willingness to support the euro zone. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Europe: Shares edge higher on trade optimism; US bank earnings weigh[BENGALURU] European shares ended higher on Monday with telecom and retail stocks leading gains as Sino-US trade optimism and strong Chinese economic data eased some worries over global growth - though lacklustre earnings from big US banks weighed. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Europe: Stocks hold steady with market bulls keeping 'upper hand'[STOCKHOLM] European shares held steady after a positive start to the week in Asia, while the banking sector added to Friday's sharp rally ahead of quarterly results from a number of big US lenders. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »