European shares power ahead as Q1 earnings season gathers pace, HSBC jumps

A flurry of well-received earnings updates boosted European shares on Thursday, with a positive print from HSBC supporting financials while oil stocks also rose.

The pan-European STOXX 600 index was up 0.3 per cent, holding near 20-month highs, while Germany's benchmark DAX index rose 0.2 per cent to hit a fresh all-time high.

European banks were top gainers, rising 1.3 per cent after lender HSBC jumped 3.4 per cent. HSBC posted a better-than-expected first-quarter prof ..

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