Europe open: Shares edge higher ahead of euro zone GDP

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Sharecast News | 30 Apr, 2021

Updated : 09:11

European stocks made small gains at the opening on Friday, boosted by another set of corporate earnings ahead of euro zone first quarter economic growth data.

The pan-European Stoxx 600 index was up 0.2%, just below its record high.

In equity news UK pharmaceutical giant and maker of one of the Covid-19 vaccines AstraZeneca saw its shares up after reporting better-than-expected results and sales growth forecasts.

Swedish Match rose 1.9% after the tobacco group reported a much higher first-quarter operating profit than expected.

Barclays failed to impress investors, with the shares down 6.2% despite reporting a quarterly profit that more than doubled, while France’s BNP Paribas slipped was also lower after better-than-expected profit.

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