European shares traded a touch higher early on Wednesday as investors welcomed a batch of strong earnings reports from European companies.
Leading Nordic bank Nordea rose 2.2 percent after better-than-expected results, though it warned slower economic growth in the region due to Europe's debt crisis was affecting business.
The world's largest chip equipment maker, ASML, and Norwegian fertiliser company Yara International also reported estimate-beating figures.
The world's top investment bank, Goldman Sachs, and beverage giant Coca-Cola had reported strong numbers overnight in the United States.
DFM Index Advances in the Early Trade
The DFM General Index advanced to reach at 2,338.18 levels during the first couple of hours trading on Wednesday 22nd May 2013, adding 18.83 points or 0.81 percent.
Services sector outper
Import tariff value of gold slashed to $440 per 10 gm
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ADX Index Turns Green during the Early Trade
The ADX General Index turned slightly green during the early trade on Wednesday 22nd May 2013. The index hovering between north and south reached at 3,512.82 leves, up 0.09 percent or 3.18 points.