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European stocks stage a rebound
10 Feb 2016 19:07
European shares rebounded today from two-year lows reached in the previous session, helped by some solid corporate earnings from the likes of Heineken and Smurfit Kappa and a recovery in Deutsche Bank.
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While off their earlier highs, shares in Paris and Frankfurtboth closed up over 1%, while the London FTSE index gained 0.71%.
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Dublin's ISEQ index was also higher today, adding 3.01%, with shares in Smurfit Kappa racing over 12% higher after it reported a strong set of results for last year.
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About €10 billion has been wiped off the value of Irish shares since the start of the year.
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