European stocks were slightly higher on Thursday, as investors digested another batch of earnings reports.
European stocks were higher on Thursday, as investors reviewed another batch of earnings reports and shook of U.S. market declines.was up 0.52% by 2:05 p.m. London time, with the majority of major bourses and sectors trading in positive territory. Travel and leisure stocks added 2.196% while retail dipped 0.05%.jumped more than 7% after the French carmaker reported an unexpected uptick in third-quarter revenue amid strong demand for its pricier models. The stock was last seen up 5.7%.added 2.
Euro zone economic activity continued to shrink in October, the S&P Flash Eurozone PMI index showed Thursday. The report pointed to "anecdotal evidence" of business uncertainty ahead of the Oct. 30 Autumn budget and "concerns among clients about near-term domestic economic growth prospects."Barclays CEO C. S. Venkatakrishnan tells CNBC the bank is on track to meet its full-year target after reporting better-than-expected third-quarter results.
The French fashion house recorded revenues of 3.7 billion euros in the three months to September, up 11.3% year-on-year. Hermes maintained its medium-term guidance of continued revenue growth.
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