European stocks hit new record high on flow of solid earnings

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 90%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 2. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines