ROME: European stocks rose cautiously Tuesday, with some robust corporate earnings offsetting jitters surrounding the future of Greece’s economy.
The Stoxx Europe 600 index ended the session just over 0.5% higher, building on Monday’s gains, while Germany’s DAX 30 added 0.4%, France’s CAC 0.1% and London’s FTSE 100 just under 0.2%.
French advertising company Publicis Groupe SA was one of the strongest performing stocks across Europe with its share price gaining more than 5% at one point during the session, buoyed by the company reporting stronger than expected first-quarter revenue and guiding for more satisfactory growth in 2015.
Other upbeat earnings came from U.K.-listed broadcaster Sky PLC, Swedish telecom operator Tele2 AB, Dutch paint and chemicals maker Akzo Nobel NV and Europe’s biggest biotech company, Switzerland’s Actelion Ltd.
