Europe opens higher on data, earnings

Wednesday, 22. April 2020 09:02

Major European stock markets started trading in the green on Wednesday amid the ongoing oil price crisis. The United Kingdom's Office for National Statistics reported the country's consumer and producer prices in March decreased to 1.5% and 0.3% respectively. F. Hoffmann-La Roche AG said its sales increased 2% to 15.1 billion Swiss francs in the first quarter of 2020.

In London, the FTSE 100 rose 0.21% at the opening bell, as Crh plc jumped 4.05%. The DAX gained 1.16%. SAP AG was the best performer on the index in Frankfurt, advancing 2.43%. The CAC 40 in Paris grew 0.57%, with Publicis Groupe SA increasing 2.78%.

The euro and the pound were flat against the dollar at 8:59 am CET, changing hands for $1.08624 and $1.23053.

More to come...

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Author:
Breaking the News / MD