Europe Stocks Extend Gains, Delhaize Rises

By Yomna Yasser On May 8, 2013

European stock markets rose on Wednesday, extending the prior day’s gains when the German index climbed to an all-time high and other indexes reached fresh 2013 highs.

The Stoxx Europe 600 index XX:SXXP +0.14% traded 0.1% higher, adding to a 0.3% gain from Tuesday. Shares of Belgian food retailer Delhaize Group BE:DELB +3.14% put on 2.3%, after the firm reported earnings.

On a more downbeat note, Standard Chartered PLC UK:STAN -5.86% dropped 4.4% in London, after reporting a drop in first-quarter profit. Among country-specific indexes, Germany’s DAX 30 index DX:DAX +0.06% gained 0.1% to 8,186.04, while France’s CAC 40 index FR:PX1 +0.39%added 0.2% to 3,930.04. The U.K.’s FTSE 100 index UK:UKX +0.05% was slightly higher at 6,560.04.

MarketWatch