The major European indices all continue to post positive results today on the back of strong corporate earnings. The Paris-based CAC 40 is up the most at 0.94%. The FTSE 100 and DAX follow right behind at 0.56% and 0.36% respectively.
Corporate earnings are quelling the recent anxiety over Greek debt and possible contagion rampant in previous sessions. Uniliver reported forecast beating first quarter sales growth with shares rising close to 3%. Siemens gave a boost to the technology sector after posting strong first quarter profits. And finally Banco Santander buoyed the banking sector reporting a first quarter profit growth of 6%, pushing shares higher.