(Repeats with no change to text or headline. For a live blog on European stocks, type LIVE/ in an Eikon news window)
May 12 (Reuters) - European shares edged higher on Tuesday following a clutch of upbeat quarterly earnings reports, but investors remained cautious of a resurgence in new coronavirus cases as hard-hit economies lift lockdowns.
The pan-European STOXX 600 index .STOXX rose 0.4% by 0726 GMT, with gains STILL led by telecoms .SXKP , healthcare .SXDP and utilities .SX6P - sectors that investors seek during times of economic uncertainty.
Boosting UK's FTSE 100 .FTSE , Vodafone 's shares VOD.L jumped 3.9% after the world's second-largest mobile operator met expectations with a 2.6% rise in full-year core earnings and maintained its full-year dividend payout. broadcaster ProSiebenSat.1 Media PSMGn.DE surged 10.2% to the top of STOXX 600 after U.S. private equity house KKR KKR.N revealed that it had acquired a stake of 5.2% in the struggling company. in Europe followed a risk-averse mood in Asian trading hours after the Chinese city of Wuhan, where the pandemic originated, reported its first new cases since its lockdown was lifted.
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.