European Stocks Edge Higher; Publicis Earnings Impress By Investing.com – Investing.com

European Stocks Edge Higher; Publicis Earnings Impress By Investing.com – Investing.com

By Peter Nurse 

Investing.com - European stock markets edged higher Thursday, as investors digested a generally positive fresh round of corporate earnings, both in Europe and on Wall Street. 

At 3:55 AM ET (0835 GMT), the in Germany traded 0.4% higher, the in France rose 0.2% and the U.K.'s gained 0.4%.

Global shares have surged in recent weeks led by expectations that successful rollouts of Covid-19 vaccines around the world and hefty stimulus packages, especially in the U.S., will unleash pent up demand, and the corporate sector is starting to offer up evidence to this effect.

Publicis (PA:) stock rose 3.4% after the world's third-largest advertising group returned to organic growth for the first time since the start of the pandemic, fueled by high demand for digital advertising in the United States.

ABB (SIX:) stock climbed 3.5% after the Swiss engineering firm lifted its revenue guidance for 2021 after an upbeat first quarter.

Recently floated Deliveroo (LON:) stock slipped 0.7% despite the food delivery company saying its orders more than doubled in the quarter to end-March in its first trading update.

In Germany, meanwhile, shares in Vonovia  (DE:) rose 1.6% to their highest since early January after the country's highest court ruled that the