5/13, 9:04 AM (Source: TeleTrader)
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Europe trades higher after earnings, ahead of data

Major European stock market indexes opened higher on Friday as shareholders awaited the latest data on industrial production in the Eurozone, expected to be released today. Also, Deutsche Telekom recorded an increase in revenue for the fiscal year.

Meanwhile, investors monitored uncertainties in the markets caused by the Ukrainian crisis, while the US Senate rejected the swift passage of a $40 billion aid bill to Kiev. Earlier, British Foreign Secretary Liz Truss insisted on providing Ukraine with more weapons in order to pressure Moscow.

The DAX increased by 0.62% at the opening bell with Delivery Hero pulling the index up by 3.94%. London's FTSE 100 rose by 0.74% with Prudential as its best performer, soaring 2.65%. The CAC 40 grew by 0.76% as TotalEnergies gained 1.76%.

The euro traded 0.21% higher against the dollar going for $1.04030 at 9:08 am CET. The pound traded higher by 0.17% against the dollar going for $1.22186 a minute later.

Baha Breaking News (BBN) / AB