European stocks advance at open after strong earnings

MG News | February 02, 2022 at 03:01 PM GMT+05:00

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Februar 02, 2022: European stock markets rose at the open Wednesday following strong global earnings that lifted Asian and Wall Street equities overnight.

London's benchmark FTSE 100 index grew 0.5 percent to 7,574.34 points.

In the eurozone, Frankfurt's DAX index gained 0.4 percent to 15,678.11 points and the Paris CAC 40 won 0.3 percent to 7,122.24.

Soaring profits at Google parent Alphabet and an upgraded earnings forecast by Sony helped lift sentiment ahead of monetary policy announcements Thursday from the European Central Bank and Bank of England.

Before then, all eyes will be on the OPEC+ oil cartel, which on Wednesday is expected to stick to its guns and increase output only modestly as the price of crude soars.

AFP/APP

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Name	Price/Vol	%Chg/NChg
KSE100	160,283.95 289.13M	2.89% 4506.73
ALLSHR	95,689.15 514.13M	2.90% 2694.63
KSE30	49,505.16 115.61M	3.37% 1614.40
KMI30	228,913.47 123.05M	4.04% 8898.41
KMIALLSHR	61,946.29 259.43M	3.40% 2035.57
BKTi	46,485.25 34.71M	2.42% 1096.65
OGTi	32,574.96 20.84M	6.35% 1943.62

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	72,900.00	73,600.00 72,275.00	-545.00 -0.74%
BRENT CRUDE	83.82	84.74 82.13	2.42 2.97%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-17.10 -14.68%
ROTTERDAM COAL MONTHLY	121.50	0.00 0.00	0.00 0.00%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	77.10	78.09 75.56	2.44 3.27%
SUGAR #11 WORLD	13.71	14.07 13.70	-0.22 -1.58%