European values rose again Tuesday, ending a five-week high, despite the announcement of a sluggish U.S. consumer morale, but below their highest of the day, as investors continued to anticipate an improvement conditions with some macroeconomic indicators and results of large groups considered encouraging.
In Paris the CAC 40 gained 0.83% to 3666.40 points, pulled, like other European benchmark indices, by banking shares.
These were highly sought, supported by UBS, which issued a profit exceeding expectations for the second quarter and the decision of the Basel Committee soften its draft regulations on minimum capital.
UBS surged 11.21% to 17.46 Swiss francs.
Societe Generale took 10.59%, 10.14% Credit Agricole and BNP Paribas 5.49%.
Deutsche Bank has won 4.49% to 52.64 euros in taking advantage of a quarterly earnings in line with expectations, with lower provisions for bad debts and despite the announcement of a sharp increase its exposure to sovereign risk .
BP has sold 2.63% to 416.95 pence. The tanker has confirmed the departure of chief executive Tony Hayward, announced a provision of $ 32.2 billion on the oil spill in the Gulf of Mexico, which makes the results of the second quarter in the red.