European shares rise strongly at the open on Friday
European shares rose strongly at the open on Friday, extending their gains from the previous session as a relief rally due to easing fears of a trade war helped Wall Street hit record highs, while Asian shares also rose further overnight.
At 0730 GMT, euro zone blue chips were up 0.7 percent and heading into a 10th straight session of gains, a performance not seen since 1997.
Germany's DAX, home to some of the continent's mightiest exporters, was up 0.7 percent while autos, miners, and banks were the top gainers across European bourses.
Within the pan-European STOXX 600, shares in British industrial technology firm Smiths posted the worst performance, dropping 9 percent after its full-year profit missed analysts' estimates.
Just Eat lost 5.5 percent after a report said Uber was in early talks to buy Deliveroo, potentially giving it a major rival in the food delivery business.
- READ MORE ON:
- percent
- European
- shares
- rose
- shares rose
- gains
- session
- 0.7
- 0.7 percent
- performance
ALSO READ
US Congress introduces resolution condemning attacks on Hindu places of worship and discrimination against Hindus
New Email ID Launched by CBI for Lodging Complaints Against Sandeshkhali
New Zealand call Blundell, Foulkes for T20I series against Pakistan
MoS Ajay Bhatt complains against Congress candidate for 'false advertisement' on MP fund
"Should not be a one-trick pony": Jasprit Bumrah after match-winning fifer against RCB