European shares inch higher on earnings boost
Mon, Feb 5, 2024 2:55 PM

European shares inch higher on earnings boost

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European shares edged higher at open on Monday as more upbeat earnings reports rolled in, although broader sentiment remained subdued as investors reassessed their interest rate cut expectations. The pan-European STOXX 600 index was up 0.2%, as of 0835 GMT. Delivery Hero gained 2.8% after the German online takeaway food company posted an above-guidance core profit for 2023.

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