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Europe Stocks Higher, Led By Credit Suisse

by Amwal Al Ghad English

European stock markets opened higher on Wednesday, inspired by gains for Wall Street overnight and helped by well-received earnings from Credit Suisse AG , with those shares up 4%. The Stoxx Europe 600 index rose 0.3% to 256.81, with pharmaceutical and oil companies among the main gainers.

The German DAX 30 index rose 0.3% to 6,597.84, the French CAC 40 index rose 0.5% to 3,194.37 and the FTSE 100 index rose 0.2% to 5,643.05. Among other movers, shares of Ericsson fell 4.5% after it posted a bigger-than-forecast drop in earnings.

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