Upbeat earnings lift European shares
LONDON, July 30 (Reuters) - Europe's robust earnings season gave another lift to share prices on Thursday, with results from Siemens, Nokia and Deutsche Bank underpinning signs of a euro zone recovery.
Europe's FTSEurofirst 300 equity index was up 0.5 percent at 0712 GMT, with Nokia, Safran and Fresenius up some 4 to 8 percent after reporting results.
"The proportion of European companies beating (earnings) estimates is the highest since we started compiling the data in '09," JPMorgan strategists wrote in a note to clients.
(Reporting by Lionel Laurent)
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