EU stocks rise before US data
European stocks advanced, after the Stoxx Europe 600 Index completed its fifth monthly rally yesterday, as investors awaited a report that may show U.S. consumer confidence rose and as Chinese manufacturing expanded. U.S. index futures fell, while Asian shares were little changed.
Etablissements Maurel & Prom led gains, surging 12 percent, after three people familiar with the matter said China Petrochemical Corp. is considering a takeover offer for the French oil explorer. British Sky Broadcasting Group Plc climbed 3.7 percent after first-quarter operating profit beat analyst estimates. Croda International Plc (CRDA), the world's secondlargest maker of cosmetic ingredients, slumped 4.6pc.