European stock markets closed higher in Tuesday trading as the Stoxx Europe 600 was up 0.33%, Germany's DAX climbed 1.03%, the FTSE 100 gained 0.60%, France's CAC 40 advanced 0.72%, and the Swiss Market Index rose 0.37%.
In Spain, GDP rose 0.7% in Q2 compared with 0.6% the previous quarter, according to the Spanish Statistical Office. Analysts expected the rate to remain at 0.6%, according to Bloomberg.
In corporate news, Novo Nordisk reported Q2 earnings Tuesday of 5.96 Danish krone ($0.92) per diluted share. Analysts polled by FactSet expected 6.04 krone per share. Sales for the quarter grew 18% at a constant exchange rate, the company said. The company also lowered its fiscal operating profit growth to a range of 10% to 16% from prior guidance of 16% to 24%.
Source : MT Newswires
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