STOCK EXCHANGE: European markets opened to a gentle rise

In Europe, the stock market was boosted by positive results.

Concerns about global inflation and long-term interest rates have worried investors in recent days. In Asia, the stock market mood was already positive in the morning, but in Europe the mood is still cautious.

In Europe, however, stock markets have opened to a small rise, inspired by encouraging earnings news.

Food company Danone reported a stronger-than-expected turnover, boosted by sales of bottled water. The share price was up 1.4 percent.

ABB raised its profit guidance and the share price was up 5.6 percent.

European chip companies have reacted positively Taiwan Semiconductor manufacturingin to improve results.

After about twenty minutes of trading, the broad Stoxx 600 index was up 0.25 percent. By sector, the companies offering community services had the best rise.

By Editor

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