Apple supplier AMS soars as earnings drive European shares

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    LONDON, Oct 24: Shares of Apple suppliers were boosted on Tuesday by robust results from chipmaker AMS as earnings drove strong European share price moves while regional and country benchmarks remained muted.

    The pan-European STOXX 600 was down 0.1 percent, while London’s FTSE 100 retreated 0.1 percent. Paris’s CAC 40 and Germany’s DAX rose 0.1 percent.
    Apple supplier AMS jumped 18 percent after reporting results. While third-quarter sales were just under expectations, analysts said strong fourth-quarter guidance offset the slight miss.

    (AGENCIES)