Shares of European companies rose on Thursday, led by stocks of food industry companies. French food producer Danone reported strong results for the first quarter, which helped lift stocks in the sector.
"Danone reported strong numbers for the first quarter, which is extremely important for European food companies," analysts emphasized.
Meanwhile, shares of other companies, such as Nestle and Unilever, also showed positive dynamics. As a result, the Stoxx 600 index rose by 0.4%, indicating a decent growth over the past few days.
