European shares grew from the lowest level in 22 months, as investors turned their attention to positive news in regards to the companies’ earnings, Bloomberg reports.

Index Stoxx Europe 600 gained 0,4% after it fell to the lowest level since December 2016 yesterday. LVHM stocks grew by 3,2%. Stocks of Kering gained 12% after Gucci exceeded economists’ forecasts in third quarter.

Nordea Bank lost 2,7% as it did not meet analytics’ expectations, while oil price decline put downside pressure on shares of Royal Dutch Shell Plc and Total SA

Europe’s equities have been falling five days after a whole row of disappointing reports from the corporation, Italy’s budget as well as general negative mood at global markets.