European markets open higher as positive momentum returns

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European markets open higher as positive momentum returns
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European markets opened higher Friday, regaining momentum after a dip in yesterday’s session.

index was up 0.6% at the open, with the majority of sectors and all major bourses trading in the green.

Pre-tax operating profit came in at £1.3 billion for the first three months of the year, down from £1.8 billion in the first quarter of 2023. An average of analyst forecasts had expected pre-tax operating profit of £1.2 billion for the period,"Though macro-uncertainty continues, customer confidence and activity is improving, with both lending and deposits up in the quarter and impairments remaining low, reflecting our well-diversified business," he said in a statement.

The investment bank expects"China to see faster growth from mid 2024 supported by game launches and a loosening regulatory environment."

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