European shares gain as upbeat data and strong earnings lift sentiment

avatar
· Views 2,422

Published on 01/15/2026 at 03:21 am EST
(Reuters) - European shares extended gains on Thursday as a slew of benign economic data suggested resilience in the region's economy, while strong earnings from TSMC boosted top chip equipment maker ASML to a record high.
The pan-European STOXX 600 rose 0.3% by 0805 GMT, after hitting an all-time high a day earlier.
Tech investors cheered earnings from TSMC , the world's main producer of advanced AI chips, which posted a stronger-than-expected fourth-quarter profit.
The European technology index climbed 2.5% and was the biggest gainer in the STOXX 600. ASML was last up 6.7%
Shares of Swedbank also jumped 5.6% after the U.S. Department of Justice ended its longstanding investigation into the bank.
Meanwhile, Richemont was up 1% after the luxury group reported an 11% increase in third-quarter constant currency sales, beating expectations.
While investors have mostly focused on corporate cues this week, macroeconomic data also added to the upbeat tone on Thursday.
Britain's economy grew more strongly than expected in November, data showed.
Separately, consumer prices in Sweden, measured with a fixed interest rate, rose 2.1% in December, compared with the same month a year earlier, in line with the central bank's target.
(Reporting by Niket Nishant in Bengaluru; Editing by Rashmi Aich)

Sumber : Reuters

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

Like this article? Show your appreciation by sending a tip to the author.
Reply 0

Leave Your Message Now

  • tradingContest