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Unilever, Man Group strength boosts European stocks

Reuters  |  LONDON 

LONDON (Reuters) - European shares inched up on Thursday as strong results from Unilever lifted bluechip consumers staple stocks and helped offset weakness in the energy sector.The pan-European STOXX 600 index was up 0.3 percent by 0730GMT. The UK's FTSE 100 was up 0.2 percent.Unilever was among the top boosts on the UK and European benchmarks, after the consumer sector bellwether posted a first-quarter sales beat, helped by price increases.Unilever's gains supported the personal and household goods sector which rose up 0.8 percent. Nestle shares rose more than 1 percent.Energy sector stocks ...

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First Published: Thu, April 20 2017. 13:15 IST