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The downturn in Germany’s hard-pressed manufacturing sector eased marginally last month, a closely-watched survey showed on Thursday, although it remained in contraction.
London’s FTSE 100 was up 0.6% at 8,173.17 in afternoon trade on Thursday.
US stocks rose strongly on Thursday with tech names leading the surge as investors continued to absorb comments from the Federal Reserve the previous session, who reassured that interest rates are unlikely to rise despite stickier-than-expected inflation.
Like-for-like sales at Domino's Pizza Group declined year-on-year in the first quarter as anticipated, but the company said it still expects to return to growth over 2024.
Smith & Nephew reported first-quarter revenue of $1.39bn in an update on Wednesday, up 2.9% year-on-year, as its orthopaedics business continued to recover.