European shares have made slight gains as positive earnings reports from several companies boosted investor sentiment. Despite concerns about the ongoing Covid-19 pandemic and its potential impact on the global economy, strong corporate results have provided some respite to investors.
The pan-European STOXX 600 index edged higher by 0.3% in early trading, following a positive lead from Asian markets. This comes after a volatile week, which saw the index fluctuate amidst mixed economic data and uncertainty surrounding the trajectory of the pandemic.