By Polya Lesova
FRANKFURT (MarketWatch) -- European stocks rose on Thursday, buoyed by a late-session rally on Wall Street. The Stoxx Europe 600 index (ST:SXXP 249.00, +1.46, +0.59%) rose 0.8% to 249.46 points. Germany's DAX index (DX:DAX 5,918, +18.05, +0.31%) gained 0.6% to 5,936 points and France's CAC 40 index (FR:PX1 3,470, +19.46, +0.56%) gained 1.1% to 3,488 points. Shares of cosmetics giant L'Oreal SA (FR:OR 79.64, +3.89, +5.13%) rose 4% after the firm reported a 21% increase in first-half net profit. Shares of hotel group Accor (FR:AC 24.62, +1.12, +4.74%) gained 3.4% after its first-half net loss narrowed, while revenue rose 6%. In the financial sector, shares of banking group Credit Agricole (FR:ACA 10.27, +0.38, +3.84%) rallied 5.6% after reporting results. The U.K.'s FTSE 100 index (UK:UKX 5,143, +33.62, +0.66%) advanced 0.8% to 5,149.20 points. |
