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Europe stocks higher thanks to positive earnings reports

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  2. Europe stocks higher thanks to positive earnings reports

05 Aug 2020

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Europe stocks higher thanks to positive earnings reports

Europe stocks higher  (Reuters) – European stocks rose on Wednesday as a batch of positive reports on profits and the massive amounts of monetary stimulus flowing through the financial system once again overshadowed concerns over the high number of Coronavirus cases in Europe and the United States.

Europe stocks higher

The pan-European STOXX 600 index rose 0.7 percent by 0711 GMT, and the oil and gas index led the gains after BP extended its gains for the second day.

However, BMW shares fell 3 percent, as general isolation measures prompted the car company to incur an operating loss in the second quarter, with the delivery of luxury cars falling 25 percent during this period.

Investors largely ignored the decline in profits of European companies, expecting the trillions of dollars pumped by central banks worldwide into the financial system stock markets until the recovery takes hold.

Refinitiv data indicate that the companies listed on Stokes 600 are expected to announce a decline of 67.5 percent in the second-quarter earnings, down from expectations for a decrease of 58.3 percent in the previous week.

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investment
Land / Land area required
Business feasibility
The licensing process
Let us discuss all the points one by one briefly:

Investment
It depends entirely on the screens, seats, and quality of work, and the screen, seats, and quality of work cannot be determined on the basis of the potential of the region.

Land and floor space required
The plot area is determined according to the number of seats and screens (in the case of renting / purchasing space in a mall / commercial building).

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Technical Economic Consulting Company was established in 2012, it was established by a team of investment professionals to become one of the leading investment companies to provide the best management consulting services to local international companies and institutions. Since its inception, the company has continuously expanded to become one of the largest leading consulting firms in the region through its branches located in the Arab world as well as representative offices in Europe.

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