European stock indexes rose on Thursday on 1,7-2,1%, the recovery has lasted for a second session in succession thanks to a strong corporate reporting, reports Bloomberg.

At the same time Dow Jones Stoxx 600 rose 2.2% - up to item 225.25, the highest level since 5 November last year. This indicator is from July 10 jumped by 14%.

Published quarterly reports of companies in better forecasts, disappointing, very little data - notes manager Storebrand ASA in Oslo Espen Ferns. - Projections of companies have become more solid and not as bad as expected, that is a sign of some stabilization of the situation. Economy probably already reached its bottom, but her recovery will take some time.

financial figures for more than half of European companies, published reports over the past quarter, exceeded forecasts. Profits of companies Stoxx 600 index declined on average in April-June by 37%.

Cost flew shares of BT Group on Thursday at 13%. Net income in the UK's largest operator of fixed-line fell in the first fiscal quarter to 214 million pounds ($ 335 million), compared with 381 million pounds a year earlier. Revenue increased by 1,1% - to 5.24 billion pounds.

Both are exceeded forecasts of experts, averaging 118.2 million pounds and 5.04 billion pounds, respectively.

Paper French Alcatel-Lucent, one of the world's largest manufacturers of telecommunications equipment, went up by 9.4%. The company has recorded profits for the first time in 11 quarters. In the second quarter of Alcatel-Lucent has received 14 million euro net profit against net loss of 1.10 billion euros during the same period a year earlier. Analysts interviewed by the agency Bloomberg, expected the company's loss in April-June will be 251 million euros.

Price

Volkswagen shares rose by 5.7%. German automakers recorded less-than-expected decline in profits, noting that growth in demand for cars companies in emerging markets will allow VW to outdo competitors in the second half of this year.

The market has shown us that economic recovery is already on the way, - said the chief strategist Brewin Dolphin Securities in London, Mike Lenhoff. - a feeling that the worst for the corporate sector is behind us. All see a slow but steady progress.

The value of securities

Lonmin jumped to 8.4%, to 13.6 pounds, against a background of increasing the analysts Citigroup Inc. recommendations to the producer of platinum shares to buy from hold. The experts also increased the forecast price of securities Lonmin by 40% - up to 16.18 pounds.

Following the increase in copper prices lifted stocks BHP Billiton (at 5,2%), Anglo American (at 4.5%) and Rio Tinto (at 7.2%).

Shares of French bank Natixis jumped in price 17% improvement after analysts Keefe, Bruyette Woods recommendations for them to at market with below market.

addition, the value of securities Rolls-Royce rose by 8.7%. The second-largest worldwide manufacturer of aircraft engines in the first half increased profits by 16%, which was above the expectations of experts.

All the major stock indexes eighteen countries in Western Europe increased as a result of trades on Thursday.

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