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Europe midday: EZ survey data hits Stoxx; WoS surges on results
European shares turned red on Thursday as investors digested weaker-than-expected eurozone economic sentiment data, while shares in Swedish fashion chain H&M slumped on poor sales figures.
FTSE 250 movers: WoS ticks along; Currys slides despite AI hopes
FTSE 250 (MCX) 20,340. 24 0. 21%.
Currys pins hopes on AI-tech as FY earnings jump 10%
UK electricals retailer Currys said trading in the current fiscal year was in line with expectations after 2023/24 adjusted earnings rose 10% and was pinning its hopes on the increasing use of artificial intelligence in electronic goods.
Watches of Switzerland shares surge on 'cautious' optimism
Watches of Switzerland shares surged on Thursday as the luxury timepiece seller held current-year guidance and said it was “cautiously optimistic” after annual profits fell amid a wind-back of discretionary spending.
Europe open: Shares rise ahead of US data; H&M plunges on weak sales
European shares opened slightly higher on Thursday as investors awaited a key US inflation report while shares in Swedish fashion chain H&M slumped on weaker-than-expected earnings.