PARIS (Reuters) – The main European stock markets evolved in dispersed order Thursday in a session animated by a new burst of publications of results of companies variously appreciated.
In Paris, the CAC 40 gained 0.3% to 7,487.87 points around 07:50 GMT, supported by the banking sector after the good results of Barclays and Deutsche Bank.
In London, the FTSE 100 lost 0.17% and in Frankfurt, the Dax was virtually unchanged.
The EuroStoxx 50 index is up 0.15%, the Stoxx 600 gains 0.08% and the FTSEurofirst 300 is down 0.08%.
In values, TotalEnergies counterbalances the growth of banks within the CAC 40 with a decline of 1.3% following the announcement of a drop in its quarterly results linked to the fall in the price of hydrocarbons.
Soitec fell 9% after the announcement of the departure of its deputy general manager, Bernard Aspar.
The session in Europe was also driven by Deutsche Börse’s takeover bid for Danish software group SimCorp in a €3.9 billion all-cash deal.
The announcement boosts SimCorp by 38.7% while Deutsche Börse falls by more than 6%.
Main macroeconomic meeting of the day, the first estimate of US GDP for the first quarter will be published at 12:30 GMT. Economists polled by Reuters expect growth of 2% at an annualized rate after +2.6% the previous quarter.
(Written by Blandine Hénault, edited by Kate Entringer)
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