European Stocks Rise Ahead of German Data

By Yomna Yasser On Nov 28, 2013

European stock markets continued to rise on Thursday ahead of German inflation and unemployment data, with shares of Thomas Cook Group PLC UK:TCG +10.13% rallying after a well-received earnings report.
The Stoxx Europe 600 index XX:SXXP +0.18% gained 0.1% to 324.49, building on a 0.6% advance from Wednesday. U.S. markets will be closed for the Thanksgiving holiday.
Thomas Cook shares jumped 10% after the travel agent reported a rise in full-year revenue. Shares of Kingfisher PLC UK:KGF -5.61% dropped 5.5% after it reported third-quarter earnings.
Among country-specific indexes, the U.K.’s FTSE 100 index UK:UKX -0.03% was slightly lower at 6,647.61, while Germany’s DAX 30 index DX:DAX +0.19% rose 0.2% to 9,368.93. France’s CAC 40 index FR:PX1 +0.15% added 0.1% to 4,299.17.

Source: Marketwatch