Open Demo Account
Home / Market Update / Global Stock Market / European Stocks on Positive Side on SocGen Earnings Report

European Stocks on Positive Side on SocGen Earnings Report

Adel 10 February, 2021 3:25 pm Global Stock Market, Market Update

European stocks rose during trading on Wednesday on upbeat quarterly earnings reports from companies including SocGen helped boost optimism about a faster vaccine-led economic recovery this year.

The STOXX 600 rose 0.3%, with commodity-related and banking stocks leading the gains. Most of the European indices were higher in early trade.

France’s Societe Generale rose 2.9% after beating earnings outlook for the fourth quarter, as fees related to the Covid-19 pandemic came lower than expected.

Tags

Check Also

Russia Expands Its Energy Reach as Asia Seeks New Oil Supplies

Russia is emerging as one of the biggest beneficiaries of recent disruptions in global energy …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends