Market report: European stocks advance ahead of US jobs data

European stocks advanced for a second day following yesterday’s biggest gain in almost two months as investors awaited reports on US jobs and factory data.

2nd July, 2014
In Dublin, the Iseq was up 0.2%

European stocks advanced for a second day following yesterday’s biggest gain in almost two months as investors awaited reports on US jobs and factory data.

Bayerische Motoren Werke climbed 1 per cent after a person familiar with the matter said it will invest about €1 billion in a factory in Mexico.

Royal Vopak NV added 1.5 per cent after announcing it will divest about 15 terminals in a plan to boost free cash flow.

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