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30.07.2013 10:30

Most European stocks advanced

Most European stocks advanced as investors weighed corporate earnings results and the Federal Reserve began a two-day policy meeting. U.S. index futures were little changed while Asian shares gained.

Electricite de France SA, Europe’s biggest power generator, rose 7.7 percent to 21.79 euros, the highest price in 20 months, as the company reported a 3.5 percent increase in first-half profit on cold weather. Earnings before interest, taxes, depreciation and amortization of 9.7 billion euros (12.9 billion) beat the 9.24 billion-euro median estimate of analysts.

Alcatel-Lucent SA, a French maker of phone equipment, rallied 7.6 percent to 1.72 euros, the highest since April 2012, after reporting second-quarter sales and earnings that surpassed analysts’ estimates and saying Qualcomm Inc. agreed to buy a minority stake.

FTSE 100 6,569.88 +9.63 +0.15%

CAC 40 3,973.65 +4.74 +0.12%

DAX 8,262.29 +3.26 +0.04%

30.07.2013 11:45

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