European shares rise as Inditex leads retailers, Novo Nordisk shines

European shares experienced a rise, propelled by strong performances in the retail sector, particularly Inditex, which reported accelerated sales. Novo Nordisk also saw gains following its restructuring announcement, including workforce reductions, aimed at enhancing competitiveness. Tech stocks contributed to the positive sentiment, with SAP and ASML climbing after Oracle’s optimistic cloud order projections.