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European shares claw back declines, results hit Ericsson, H&M

Business Finance

Reuters  |  LONDON 

By Helen ReidLONDON (Reuters) - European shares staged a partial recovery from a slump in the previous session as investors surveyed a mixed bag of results from some of the region's biggest industrial names. The pan-European STOXX 600 gained 0.2 percent by 0830 GMT, in line with euro zone stocks. Britain's FTSE 100 underperformed. Other country benchmarks were set to end the month on a positive note. Results were centre stage with some disappointments causing big share price drops, with investors particularly impatient with earnings misses in this high-valuation environment. Ericsson sank 8.5 ...

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First Published: Wed, January 31 2018. 18:01 IST