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European shares edge higher, AstraZeneca gains after earnings

Published 02/11/2021, 04:17 PM
Updated 02/11/2021, 04:20 PM
© Reuters.
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(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)
Feb 11 (Reuters) - European shares edged higher on Thursday,
still on track to end the week flat, as investors kept close
watch on a barrage of earnings reports from companies for clues
on the pace of business recovery.
The pan-European STOXX 600 index .STOXX was 0.1% higher in
early trading, with most of its sectors trading in the positive
territory.
AstraZeneca (NASDAQ:AZN) AZN.L rose 1.3% after the COVID-19 vaccine
developer beat quarterly product sales estimates and forecast
2021 revenue growth. European healthcare stocks .SXDP were up 0.2%.
Danone DANO.PA rose 2.8% after investment company Artisan
Partners demanded corporate governance and strategic changes,
including separation of the French food group's chairman and
chief executive officer roles. Germany's Commerzbank CBKG.DE fell 2.9% as the lender said
its loss deepened in the fourth quarter.

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