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European Stocks Gain for 3rd Session, Earnings Eyed
Thursday, 6 February 2025 15:48 WIB | MARKET UPDATE |Saham EropaStoxx Europe 600

The STOXX 50 gained 0.4% and the STOXX 600 added 0.5% on Thursday, marking a third consecutive session of gains, boosted by strong corporate results.

Shares of AstraZeneca gained almost 4% after the company's earnings and revenue topped forecasts and the pharmaceutical giant said it expects further sales. Societe Generale jumped about 7% after reporting a rise in Q4 revenue and saying it is targeting revenue growth and higher profitability for the year. Maersk soared more than 6% after the company started a $2 billion share buyback program.

On the other hand, Volvo sank more than 7% after warning of a challenging 2025 and Kering fell 2.8% after announcing that Gucci creative director Sabato de Sarno is leaving after only two years. Meanwhile, traders continue to monitor developments in the trade war.

Sumber : Trading Economics

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