European stocks hit new record high on flow of solid earnings

📆 29/10/45 10:26 م
📰 FinancialReview

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European stocks have added 2.1 per cent already this month. Separately, the FTSE 100 also hit a fresh record, lifted by commodities outperformance.

Already a subscriber?European stocks rose to a fresh record high as solid earnings from the likes of Anheuser-Busch InBev and Siemens Energy boosted sentiment.

Puma, JD Wetherspoon and Ahold Delhaize were among others posting forecast-beating results. Auto stocks bucked the firmer trend, however, with luxury carmaker BMW sliding after it said higher costs had hit profits.

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