European stocks on Thursday pushed higher, with Airbus SE shares soaring after a well-received financial update, as traders appeared to regain their appetite for riskier assets.
The Stoxx Europe 600 index picked up 0.7% to 377.32, led by the basic materials and oil and gas groups. But on the losing end were the consumer goods and utilities sectors. On Wednesday, the pan-European index rose 1.1% in a volatile session.
Germany’s DAX 30 index was up 0.6% to 12,416.43, adding to Wednesday’s jump of 1.2%. France’s CAC 40 index surged 1.2% to 5,228.83, extending Wednesday’s rise of 1.1%.
Spain’s IBEX 35 leapt 1.1% to 9,795.30. The U.K.’s FTSE 100 was up 0.5% at 7,251.47.