Europe Shares Up Amid German Confidence Data Improvement

European stock markets opened higher Tuesday, after a survey reportedly showed a surprise improvement in German consumer sentiment, with energy and drug shares among the main gainers.The Stoxx Europe 600 index (XX:SXXP) +0.16% rose 0.3% to 243.44, led by a 1% gain for BP PLC (UK:BP) +1.43% BP +1.62%, and a 1% rise for Telefonica SA (ES:TEF) +0.23% TEF -4.80% .

The Spain IBEX 35 index (XX:IBEX) +0.13% rose 0.7% to 6,667.40. The German DAX 30 index (DX:DAX) +0.04% rose 0.4% to 6,154.13.

The French CAC 40 index (FR:PX1) -0.03% rose 0.3% to 3,030.63.

The FTSE 100 index (UK:UKX) +0.13% rose 0.3% to 5,464.94. Shares of Croda International PLC (UK:CRDA) +2.92% jumped 3.5% after a broker upgrade. Shares of E.ON AG (DE:EOAN) +2.11% rose 1.8%, and RWE AG (DE:RWE) +2.05% rose 1.4% after broker upgrades.