European stocks higher; UK GDP figures show economy fell into technical recession

  • 📰 CNBC
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Entertainment Entertainment Headlines News

Entertainment Entertainment Latest News,Entertainment Entertainment Headlines

European markets were higher Thursday, extending Wednesday's gains, as investors monitor earnings and the U.K. economy.

LONDON — European stock markets were higher Thursday as investors assess U.K. growth figures for the fourth quarter and monitor the flow of corporate earnings.index was up 0.7% at 3:20 p.m. in London, with major bourses and most sectors in positive territory. Construction stocks rose 1.1% as oil and gas stocks fell 1.2%.The U.K. economy contracted by 0.

"On the longer term, obviously customers are looking at the suppliers which are more reliable in delivery, what is expected of them, and we like to believe that we are improving and trying to do the right things."climbed in morning trade on Thursday, after the French carmaker said it would propose raising its dividend per share to 1.85 euros for the financial year, up from 0.25 euros previously.

"We have a global convergence of favorable regulatory activity, and what it's doing is unblocking an enormous amount of institutional capital," Paul Brody, global blockchain leader at Ernst & Young, told CNBC's "Squawk Box Asia" on Thursday. The continent's chip stocks produce the high-tech machines needed to manufacture the latest generation of chips.

 

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:

 /  🏆 12. in ENTERTAİNMENT

Entertainment Entertainment Latest News, Entertainment Entertainment Headlines