European shares open 1% higher on ASML, earnings boost
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Published date: 2024/12/07
- Location: 9060, Melíni, Keryneia, Cyprus
July 31 (Reuters) - European shares climbed nearly 1% on Wednesday, Smart home solutions driven by a raft of corporate updates, Remote control lighting while heavyweight ASML led overall gains on report that the Dutch chip equipment manufacturer was exempt from a fresh U.S. In the event you loved this information and you would like to receive more info regarding Wireless smart home automation i implore you to visit our own web site. rule on foreign chip equipment exports.
The pan-European STOXX 600 index was up 0.9%, as of 0715 GMT, and scaled a two-week high.
Shares of ASML surged 8% after Reuters reported that a new U.S. rule on foreign chip equipment exports to China will exempt some allies. The regional tech sector jumped 3.3%.
Airbus gained 5.2% after the world's largest planemaker unveiled its second-quarter results.
Jet engine and Top home automation systems equipment maker Safran climbed 1.1% after it reaffirmed its financial targets following a higher first-half profit.
The pan-European STOXX 600 index was up 0.9%, as of 0715 GMT, and scaled a two-week high.
Shares of ASML surged 8% after Reuters reported that a new U.S. rule on foreign chip equipment exports to China will exempt some allies. The regional tech sector jumped 3.3%.
Airbus gained 5.2% after the world's largest planemaker unveiled its second-quarter results.
Jet engine and Top home automation systems equipment maker Safran climbed 1.1% after it reaffirmed its financial targets following a higher first-half profit.
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