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European stocks rise supported by quarterly bank results

LONDON, 3rd May / WAM / European stock indices rose collectively during today’s trading, supported by positive quarterly results of banks, including Societe Generale and Credit Agricole.

By 12:33 pm UAE time, the European Stoxx 600 index rose by 0.31%, or 1.59 points, to reach the level of 504.8 points.

The German DAX index rose by 0.32%, or 59.06 points, to reach 17,955.56 points, while the Euro Stoxx 50 index increased by 0.44%, or 22.09 points, to reach 4,912.7 points.

The French CAC 40 index grew by 36.41 points, or 0.46%, to reach 7,950.24 points, and the British FTSE 100 index rose by 0.33%, or 27.22 points, to reach 8,199.62 points.

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