European shares climb on bank earnings cheer, tech boost [Reuters]
CREDIT AGRICOLE UNSP/ADR (CRARY)
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Source: Reuters
Generale and Credit Agricole, while the technology sector got a boost from Apple's strong results and a record share buyback. The pan-European STOXX 600 index rose 0.2% by 0712 GMT, but was set for a weekly decline, with the banks index emerging as one of the top sectoral gainers. Societe Generale jumped 5.5% following a lower-than-expected fall in , while Credit Agricole SA climbed 3.7% after a forecast-beating 55% jump in . France's benchmark index was up 0.2%. The technology sector was the top gainer, up 0.9%, boosted by Apple beating modest expectations for and forecast, and unveiling a record share buyback program. Glencore fell 1.8% after the commodities group is studying an approach for Anglo American , a development that could spark a bidding war for the mining company, sending its shares up 2.7%. Get a look at the day ahead in European and global markets with the Morning Bid Europe newsletter. Sign up Reporting by Ankika Biswas in Bengaluru; Editing by Mrigank Dha
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