European stocks advanced to six-week highs on Thursday, as dovish signals from the Bank of England and Federal Reserve combined with optimism around trade talks. Kerry Group advanced 0.75 per cent to €108.10, but fellow food company Glanbia slipped 0.9 per cent to €14.75. In Germany, the Dax rose 0.4 per cent, while the French Cac 40 posted a 0.3 per cent gain. The German market was helped by software company SAP advancing 1.5 per cent after arch-rival Oracle forecast current-quarter profit above estimates. German food delivery company Delivery Hero jumped 9.7 per cent after raising its full year revenue outlook by €200 million.

Source: The Irish Times June 20, 2019 17:03 UTC