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German factory orders rise faster than expected; Asian shares fall on tech pullback – business live

CN
CitrixNews Staff
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German factory orders rise faster than expected; Asian shares fall on tech pullback – business live

European shares have opened higher.

The FTSE 100 index in London has risen some 19 points to 10,908, a 0.2% gain, getting closer to the 11,000 level.

Persimmon is among the main risers, up 2.5%, after the UK housebuilder lifted its outlook for this year as hopes to benefit from Andy Burnham’s housing programme – shrugging off rising construction costs linked to disruption from the Iran war.

The Dax in Frankfurt edged up 0.15% while the CAC 40 in Paris climbed 0.7%, the FTSE MiB in Milan rose nearly 0.8% and the Ibex in Spain added more than 1%.

Originally reported by The Guardian. Read the full story at the original source.