LONDON, Apr 24 (AFP): European stock markets rebounded on Thursday as traders reacted to a string of earnings updates, data pointing to further easing of eurozone economic strains, and fresh takeover speculation.
Indices won a boost in particular from well-received profits news from Apple and Facebook on Wednesday following the close of trading on Wall Street, analysts said.
The euro gained against the dollar, aided by upbeat German business confidence.
London's benchmark FTSE 100 index rose 0.64 per cent to stand at 6,717.71 points in late morning deals.
Frankfurt's DAX 30 climbed 0.76 per cent to 9,616.75 points, with data revealing that German business confidence rebounded this month, after a slight fall in March in Europe's biggest economy when companies worried about the Crimea crisis.
The CAC 40 in Paris advanced 0.91 per cent to 4,491.48 points compared with Wednesday's closing level.
And in Madrid, the IBEX 35 gained 0.78 per cent to 10,505.6 points after Spain's central bank said the country's economy grew at the fastest pace for six years in the first quarter of 2014.
European stocks rebound on upbeat earnings
FE Team | Published: April 25, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
Share if you like