European stocks attempt gains amid mixed corporate news
The European equity markets were off to a steady start on Friday, and now attempt gains as dust settles over the ECB aftermath and focus shifts to corporate earnings results.
The European equities, however, remain on track to book second consecutive weekly gain, with the pan-European benchmark, the Eurostoxx 50 trending at six-week highs.
Meanwhile, amid a lack of fresh economic fundamentals from the Euroland, focus remains on the earnings reports, which have turned out quite mixed so far. SAP SE climbed 3.1% after the company raised its sales and growth forecasts. Ericsson AB dived 4% after the company booked first loss in four years, Bloomberg reports.
Meanwhile, Germany's DAX 30 index trades modestly flat around 10,700 levels, while the UK's FTSE 100 index gains +0.15% to, 7,036. Among the other indices, the French CAC 40 index trades unchanged at 4,540, while the pan-European Euro Stoxx 50 index adds +0.11% to trade at 3080 levels.