Siemens leads European shares higher
LONDON Nov 8 (Reuters) - European shares rose on Thursday after reassuring earnings from major companies including Siemens and Swiss Re.
The FTSEurofirst 300 index was up by 0.5 percent at 1,104.35 points by 0708 GMT, recovering from a 1.4 percent loss during the previous session. The euro zone's blue-chip Euro STOXX 50 index rose 0.7 percent.
Siemens led gainers across the region, up 3.3 percent, after it beat third-quarter earnings forecasts, while reinsurer Swiss Re rose 3.2 percent after it also beat and said it might pay a special dividend.
"We really like Swiss Re and its promise of the special dividend. After such a sharp sell-off in the previous session, the bargain-hunters are coming back in," said MB Capital trading director Marcus Bullus.
- Tweet this
- Share this
- Digg this
- British Muslims blame jihadi subculture after beheading video
- Merkel says tightening Ukraine-Russian border is key to peace deal |
- Suicide attacks kill at least 17 in Iraq after mosque shooting |
- U.S. says Russia must pull convoy from Ukraine or face more sanctions |
- U.S. hostage rescuers dropped from night sky, Syria activist says