The City of London skyline with 20 Fenchurch Street, affectionately known as Walkie Talkie, goes dark at dusk on November 27, 2025 in London, England.
Mike Kemp | In Photography | Getty Images
LONDON — European stocks rose on Thursday as investors appreciated another flurry of earnings reports.
pan-european Stocks 600 The stock was up 0.4% shortly after 8:30 a.m. ET in London, with most sectors and major exchanges in positive territory.
Local stock exchanges opened positive after markets closed mixed on Wednesday as investors again valued a flurry of corporate earnings.
Engineering giant stocks siemens Shares rose 6.9% after the company raised its outlook for basic earnings per share from net profit for the 2026 fiscal year to a range of 10.7 euros to 11 euros. It had previously targeted a range of 10.4 euros to 11 euros.
“This is a very dynamic space,” CEO Roland Busch said on CNBC’s “European Early Edition” when asked about investments in AI and data centers. “We believe that real-world impact will be felt sooner than we expect, whether in industrial manufacturing, product design, or exploring operations using AI.”
Paris-based luxury residential stocks hermes Operating profit exceeded expectations to 6.6 billion euros ($7.8 billion), up more than 3% in early trading after fourth-quarter sales rose 9.8% on strong sales in the United States and Japan. That helped elevate other luxury brands. LVMH Gucci owners rise 1.3% kering Add 1.2%, Richemont It rose almost 1.3%.
Looking back, Dutch fintech Adien Net revenue increased 17% but decreased 17.4%. Magnum Ice Cream Company fell 13.6% as the Amsterdam-listed Unilever spinoff reported a 48% fall in full-year profit.
share in mercedes benz group It decreased by 4.3%. The German automaker’s operating profit fell by 57% in 2025 as it competed with China and battled global tariffs, according to revenue.
London listed stocks schroders Shares soared nearly 30% after U.S. investment manager Nuveen announced it would buy Britain’s largest independent asset manager for 9.9 billion pounds ($13.5 billion), creating one of the world’s largest fund managers with assets of about $2.5 trillion.
In other places, Deutsche Stock Exchangewhich also reported results on Thursday, rose about 1% after the German exchange operator said it would buy a 20% stake in General Atlantic’s index provider ISS STOXX for $1.3 billion.
It was also a bumper day for corporate profits. siemens, lorealAnheuser-Busch InBev, and british american tobacco Among the companies reporting. UK GDP and industrial production figures for the fourth quarter are due to be released.
Overnight in Asia-Pacific markets, Japan’s Nikkei stock average reached 58,000 yen for the first time in history, extending its post-election gains to a new high.
Meanwhile, U.S. futures, which track the Dow Jones Industrial Average, were little changed Wednesday night after the blue-chip index’s three-day winning streak ended.
