IAG, ABB rally; Sartorius sinks (Il Sole 24 Ore Radiocor) - 18 Apr - In European stock market dealings most sectors were higher, with utilities among the leading gainers as industrials ended higher underpinned by better-than-expected results from ABB.

The Swiss engineering group soared 6.3% in Zurich dealings.

Oil and gas stocks dropped as they tracked oil prices lower. Shares in Franco-German lab supplies maker Sartorius sank 15% after the company's first-quarter order intake and revenue missed analysts' expectations.

Shares of OVS jumped 8.3% in Milan trade after reporting solid 2023 results and positive guidance for 2024.

In London shares in British Airways owner IAG surged 6.6% lifted by news from US rival United Airlines that it saw strong transatlantic demand this summer. BA's low-cost rival easyJet also rose after narrowing losses and pointing to robust bookings for the summer season.

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(RADIOCOR) 18-04-24 18:28:04 (0656) 5 NNNN