The main European stock indices rose at the end of trading, which was facilitated by the season of corporate reporting. German DAX added 0.35%, British FTSE 100 - 0.64%, French CAC 40 - 0.38%.
Swiss pharmaceutical corporation Novartis, which reported a 37% increase in net income in the second quarter compared to the same period last year, topped the list of leaders. Its revenue increased by 7%. The company expects sales growth of 7 - 9% this year. Players reacted optimistically - its shares rose by 4.64% by the end of trading.
Activity on European platforms was stimulated by the increase in oil prices, which supported the securities of energy concerns. Shares of British Petroleum added 1.36%, French Total - 1.18%.
Today, players are expecting the release of data on inflation in the eurozone. According to analysts, it will not change and will remain at the level of preliminary estimates - 5.5%.