Europe open: Stoxx rises again as Russia-Ukraine war in focus

(Sharecast News) - European shares were mixed at the open at the end of a busy week for earnings as traders eyed the latest moves by US President Donald Trump to broker a deal to end the Russia-Ukraine war. The pan-regional Stoxx 600 index was up 0.21% to 547 at 0801 BST. Major bourses were mixed, with Germany's DAX down 0.15%, while France's CAC 40 gained 0.39% and Britain's FTSE 100 up 0.26% a day after the Bank of England cut rates.

In equity news, Bechtle shares jumped after the German IT services provider released second-quarter results.

Georgia's TBC bank slumped despite reporting a rise in second-quarter operating profit.

Munich Re tumbled after the German reinsurer cut its full-year outlook for insurance revenue.

Reporting by Frank Prenesti for Sharecast.com