Better earnings provide support for European shares, led by Daimler

miércoles 23 de julio de 2014 04:36 GYT
 

* FTSEurofirst 300 up 0.2 percent

* Daimler boosted by Mercedes sales boost

* AkzoNobel, Capita and Telenor all rise after results

* ABB a laggard as power unit falters

By Alistair Smout

EDINBURGH, July 23 (Reuters) - European stocks rose on Wednesday on the back of generally strong earnings despite investors' concerns over the possibility of fresh European Union sanctions against Russia over the Ukraine crisis.

German blue chip shares outperformed, gaining 0.5 percent, led higher by car and truck maker Daimler after it posted earnings above expectations.

Daimler rose 2.2 percent, boosted by demand for new models of its high-end Mercedes-Benz cars in countries such as China.

"Daimler's results read very well. Appetite for Western brands, including Mercedes, is huge in China," said Joe Rundle, head of trading at ETX Capital, who returned from a trip to China last week.   Continuación...