Europe mostly lower premarket as earnings rolls in - Breaking The News

Europe mostly lower premarket as earnings rolls in

24 April

1 min read

EPA-EFE/YOAN VALAT

European markets are set to open mostly lower on Thursday as investors assess mixed results for the first quarter. BNP Paribas and Sanofi posted strong gains, with revenues up 12.5% and 10.8% respectively. Roche and Nestle also saw growth, while Renault and Eni reported declines.

At 8:00 am CET, the DAX traded flat and the British FTSE 100 lost 0.18%. Simultaneously, the CAC 40 decreased 0.11%, while the Euro Stoxx 50 fell 0.36%. The euro traded 0.19% up compared to the US currency, selling for $1.13362 at 7:59 am CET. Simultaneously, the pound gained 0.10% against the greenback to go for $1.32674.

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