European Shares were seen opening in green on Friday, as new corporate reports from the European firms were released. Investors were supported from the higher close on Wall Street in the previous session. Shares in Europe were dropping in the previous session because of the weak earnings.
The pan-European Euro Stoxx 50 advanced 0.41% to 2,753 at market opening, while the German DAX rose 0.55% to 8,344.81. The French CAC 40 gained 0.61% to 3,980.20, while the UK FTSE 100 was up 0.39% to 6,613.50.
A batch of new reports of the European second quarter earnings are expected to be released later today, from companies such as Banco Popular, Aol and others.
Caixa Bank reported its net profits of 408 million euros during the first quarter of this year, as the bank income from investments gained a total income of 3,629 million euros.
The Automakers Renault reported its net profit for the first six months of 2013 dropped by 0.9% to 20,441 million euros , compared to the revenue 774 million euros in the first half of 2012.
The Destatis reports showed that the German import prices for the month of June dropped 0.8% month-to-month while falling 2.2% annually.
Figures fell beyond analysts had predicted in the previous month. The French consumer confidence had a slight rise to 82 in the month July from the revised 79 reported in the previous month.
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