Travel and leisure tops sectoral gainers
Hermes underpins mood in luxury stocks
Renault rises after Q3 sales beat
Edenred plummets on slight Q3 miss

Oct 24 Reuters European shares rose on Thursday, as a raft of upbeat earnings from the likes of consumer goods major Unilever and online gaming group Evolution improved mood, while investors assessed stalling manufacturing data for the ECB39;s ratecut outlook.

The panEuropean STOXX 600 index was up 0.6 as of 0850 GMT, in a largely broadbased market advance following a threeday losing streak.

Travel and leisure led sectoral gains with a 3 jump to a near sevenmonth high, as Sweden39;s Evolution soared 13 after reporting thirdquarter earnings in line with forecast despite ongoing issues with its Georgian workforce.

The automobiles index also climbed 2, boosted by a 7.2 jump in French carmaker Renault following an unexpected rise in its quarterly revenue.

Unilever rose 4 after slightly betterthanexpected underlying quarterly sales and its biggest gain in sales volumes in threeand ahalfyears.

The personal and household goods index rose nearly 2.

Anglo American gained 4 after the miner maintained its fullyear copper production forecast despite a weak thirdquarter.

Meanwhile, a survey showed euro zone business activity stalled again this month, remaining in contractionary territory as demand from both home and abroad fell.

While the composite PMI signals a contraction, it isn39;t really one, so it kind of overstates…