European shares rose on Thursday as financials received a lift from Swiss lender UBS’s decision to absorb Credit Suisse’s domestic bank, while investors braced for a barrage of key economic data due later in the day.
The pan-European STOXX 600 advanced 0.3% to 460.6 points, shrugging off the initial uncertainty. Recent gains have helped the benchmark stave off its worst monthly performance so far this year, but is still set to log a decline of over 2%.
Source: Devdiscourse
