Meanwhile, France's Schneider Electric rallied to an all-time high after its results beat expectations and the firm said it was confident it could offset the impact of the new coronavirus outbreak in China.
European equity investors also await flash readings of the Purchasing Managers' Index on manufacturing activity in the euro zone, due on Friday. While traders foresee a hit to the Chinese economy from the health crisis, expectations of a pickup in growth from the second quarter have kept equity markets near record highs.
Among other individual movers, British medical tech firm Smith & Nephew jumped 7.3 per cent as its annual sales topped estimates and it forecast another year of revenue growth. Norwegian technology firm Tomra Systems surged 19 per cent to top the Stoxx 600 on strong quarterly results.
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Source: BusinessTimes - 🏆 15. / 51 Read more »