Telecoms pushes European stocks

Written by on April 21, 2015 in Snippets with 0 Comments

LONDON, April 20 (Reuters) – European stocks made a positive start to the week on Monday, helped by deal-making in the telecoms sector and stimulus from China, though gains were not enough to entirely erase losses from Friday’s sharp sell-off.

This week brings a raft of first-quarter trading updates from European companies, which are heading for their best earnings season for four years on the back of a weak euro and improving economic conditions.

The European Central Bank’s (ECB) bond-buying stimulus plan has kept euro zone bond yields down and supported appetite for equities, with… read the story.


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