European stock markets were mostly higher on Thursday as factory data for the euro zone showed the manufacturing sector was stronger than expected in January.
The Stoxx Europe 600 index climbed 0.1% to 336.56.
The U.K.’s FTSE 100 index inched 0.1% higher, France’s CAC 40 index picked up 0.3% and Germany’s DAX 30 index was almost flat.
Markit Economics said today its gauge of manufacturing output for France rose to 48.8 in January from 47 in the previous month. The median estimate of economists was for an increase to 47.5. EMU’s manufacturing and services PMI also surpassed expectations during January, advancing to 53.9 and 53.2, respectively. In the same direction, Current Account surplus in the 18-country region widened to €23.5 billion during November, up from €22.2 billion.
Shares of Delhaize Group SA rallied 7.1% after the Belgian supermarket company said revenue rose in the fourth quarter and it will continue to cut costs in 2014.
On a more downbeat note, shares of Pearson PLC dropped 4.4% after the publisher said it continues to face tough trading this year.
EasyJet PLC lost 1.8% after the budget airliner said it expects to report a first-half pretax loss of between 70 million pounds ($116 million) and £90 million.
Shares of Glencore Xstrata PLC dropped 0.7%, BHP Billiton PLC fell 0.5% and Antofagasta PLC lost 0.2%.
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