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July 18 (Reuters) - European shares opened higher on
Thursday led by energy stocks, while investors also awaited the
European Central Bank's interest rate decision, due later in the
day.
The continent-wide STOXX 600 was 0.2% higher at
0711 GMT and was on track to snap a three-session losing streak.
Oil and gas boosted the benchmark index with a 1% rise,
as the sector tracked higher crude prices.
The ECB's interest rate decision is due at 1215 GMT, where
the central bank is expected to keep interest rates unchanged
while signalling that its next move is still set to be a cut,
even if this guidance is likely to be vague and carry caveats.
Among individual stocks, Publicis jumped 7.7%, as
the French advertising group upgraded its organic growth
guidance after beating expectations for the second quarter.
Essity jumped 5.7% after the Swedish hygiene
products maker reported second-quarter core earnings above
expectations.
ABB lost 5.8% after the Swiss engineering group
reported a slightly better-than-expected second-quarter profit,
in the final set of numbers under departing Chief Executive
Bjorn Rosengren.
Finnish telecom equipment maker Nokia shed 8.8%
after reporting a 32% decline in quarterly profit.