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Europe: Stocks lifted by Randstad, Orange and miners

Tuesday, October 25, 2016 - 16:07

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[LONDON] European shares rose on Tuesday, as gains in Randstad, Orange and major mining companies lifted the region's stock markets.

The pan-European STOXX 600 index was up by 0.2 per cent, although the STOXX 600 remains down by around 6 per cent since the start of 2016.

Randstad was among the best performers, climbing by 3.7 per cent after the world's second-largest staffing agency reported a rise in third quarter core earnings that slightly beat market forecasts.

French telecoms group Orange advanced by 2.7 per cent after reporting third quarter core profits slightly ahead of market expectations, while stronger copper prices boosted mining stocks.

However, shares in semi-conductors group AMS slumped 16 per cent after it gave a weak Q4 outlook.


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