During the trading session on Thursday, European stock exchange indicators are permanently increasing against the background of strong financial statements of major corporations.
So, at the time of writing, the British FTSE 100 indicator increased by 0.03% to 7646.1 points, the French CAC 40 also gained 0.03%, reaching a level of 7133.12 points, and the German DAX jumped 0.2% to 15514.1 points.
The main impetus for the growth of European stock markets was the optimism of investors regarding the published corporate reports of Siemens, ArcelorMittal, and Societe General. The value of the securities of these giants rose on Thursday by 6.07%, 0.72%, and 4.8%, respectively.
The focus of attention of market participants this week is data on the inflation rate in the United States. According to preliminary forecasts of analysts, in January, this indicator will rise to the highest since February 1982 - by 7.3%. Recall that in December 2021, the inflation rate in the United States reached 7%.
Following the results of the trading session on Wednesday, European stock indices reported a spectacular rise against the background of a decline in the yields of government bonds of the eurozone states.
Thus, the key Stoxx Europe 600 indicator closed at 473.33 points, gaining 1.72% over the day. France's main stock index, the CAC 40, added 1.46%, stopping at 7130.88 points, the German DAX gained 1.57% and rose to 15482.01 points, and the British increased by 1.01% to 7643.42 points.
The yield of 10-year German government bonds lost about 5 basis points yesterday, dropping to 0.22%. The declining yield of bonds stimulates the attractiveness of securities for investors as a reliable investment tool.
The most popular stocks among traders on the eve were the securities of technical corporations. As a result, the quotes of the Dutch manufacturer of microelectronic products ASML Holding jumped by 4%, ASM International - by 4.7%, AMS-Osram - by 5.8%.
Another important growth factor for European stock markets was the corporate reporting of the region's leading enterprises. Thus, the shares of the Danish jewelry manufacturer Pandora increased in price by 8% against the background of the company's management statement about the expected sales growth in 2022.
The quotes of the Norwegian oil and gas corporation Equinor ASA jumped 1.4% after the company reported a return to profit in the fourth quarter. In addition, Equinor ASA representatives announced an increase in dividend payments and an increase in the securities repurchase program.
Shares of the Danish transport and logistics company A.P. Moller-Maersk AS on Wednesday closed with an increase of 7.2% on the background of a report on record revenue and net profit in the fourth quarter of last year.
The quotes of the British pharmaceutical company GlaxoSmithKline sank by 1.4%, despite the growth in net profit and revenue in the fourth quarter of 2021.
Securities of the leading Dutch bank ABN Amro Bank NV fell by 9.1%. In the fourth quarter of last year, the net profit of ABN Amro Bank NV increased 10 times, however, the size of the new program for repurchasing its securities did not meet market forecasts.
Shares of the German manufacturer Siemens Energy AG gained 1%. The company's stock quotes showed growth, despite reporting a net loss in the last quarter against profit for the same period in 2020.
The securities of the Dutch manufacturer of paints and varnishes Akzo Nobel NV soared by 5% on the back of better than experts predicted quarterly reports of the company.
Experts say that the current optimism in the stock markets of Europe and the world is explained by the absence of meetings of the largest central banks and positive financial reports of manufacturing giants.
