European markets were higher on Thursday’ session.
The FTSE Eurofirst 300 was up 0.6 percent to 1,599.12.
The Paris CAC-40 was 0.42 percent higher to 5,862.83, while the Dax gained 0.59 percent to 8,033.69 and the IBEX jumped 1.59 percent to 15,100.
Volkswagen (FWB: VOW; OTC: VLKAY) was the biggest gainer on the Dax, where it added 4.75 percent to €183.60.
Over on the CAC-40, France Telecom (Euronext: FTE; NYSE: FTE) was up 4.24 percent to €24.12 after Telefonica (IBEX-35: TEF) said its divedend would go up.
The steel sector saw gains, with Mittal Steel (Euronext: MT; NYSE: MT) adding 1.64 percent to €56.48 and ThyssenKrupp (FWB: TKA; LSE: THK) gaining 2.54 percent to €45.18.
Steel products manufacturer Vallourec (Euronext: VK) was 2.64 percent higher to €220.38.
Airlines were mixed on the session.
Lufthansa (FWB: LHA) added 2.36 percent to €21.69, but Air France (Euronext: AF; NYSE: AKH) was down 1.66 percent to €28.39.
Banks were lower.
Deutsche Bank (FWB: DBK; NYSE: DB) dropped 0.66 percent to €93.20, while Credit Agricole (Euronext: ACA) was down 0.82 percent to €27.70 and Societe Generale (Euronext: GLE) was 0.95 percent lower to €123.70.
L’Oreal (Euronext: OR) had the worst day on the CAC-40, dropping 1.75 percent to €90.71 after it lost a legal action intended to prevent another firm from selling a perfume similar to one of its products.
Meanwhile, software maker SAP (FWB: SAP; NYSE: SAP) was the worst performer on the Dax, falling 1.99 percent to €38.79.