(RTTNews) – European stocks rose widely on Thursday, with a series of optimistic earnings reports and accommodative comments from the US Federal Reserve. But it’s not the first time That boosted trust.
The Stoxx 600 pan-European index rose 0. 4% to 441. 48, while the French CAC 40 index gained a percentage and the UK FTSE 100 rose by 0. 6%.
Germany’s DAX fell 0. 3% after knowledge showed that German unemployment increased in April amid widespread restrictions on shopping, travel and social life to involve a third wave of COVID-19 infections.
Finnish telecom network equipment manufacturer Nokia rose 13. 5% after reporting better-than-expected profits and revenues.
Swiss chemical company Clariant lost about 3% after announcing that it expected moderate expansion in local currency sales in ongoing operations in fiscal year 21.
Unilever’s percentages increased by more than 3% in London. The customer goods giant announced a percentage repurchase program after recording better-than-expected quarterly sales.
Royal Dutch Shell added 1. 5 in line with the penny. The Anglo-Dutch company raised its dividend after its profits increased more than expected in the first quarter.
Standard Chartered rose 5. 4% after its pre-tax profit in the first quarter exceeded consensus.
Telecommunications company BT Group rose 2. 4% after saying it was in initial negotiations with several strategic partners determined to explore investment-generating tactics and the sports sector.
SE’s total stock rose 1. 2% after the French oil refining company published effects in the first quarter close to pre-pandemic levels.
Aircraft manufacturer Airbus rose 2. 7% after recording higher base profits in the first quarter.
Capgemini grew 1. 8% after the consulting and generation organization returned to biological expansion in the first quarter of the year.
German airline Lufthansa fell by 2. 4% after recording a smaller loss.
Chemical giant BASF lost 1. 5% despite its year-round profit outlook.
In economic publications, unemployment in Germany increased in April, according to knowledge published through the Federal Labour Agency.
The number of parades rose to 9,000 in April, at the expected drop of 10,000 and 6,000 in March. The unemployment rate remained unchanged at 6. 0% in April, in line with expectations.
The euro’s economic sentiment indicator increased sharply from 9. 4 to 110. 3 in April, exceeding expectations of a score of 103. 0.