European equities markets were higher Thursday as investors hoped that positive quarterly reports mean that the economy is beginning to recover from the global recession.

In London, the FTSE 100 added 1.85 percent to 4,631.61 while the FTSE 250 was up 2.22 percent to 7,934.63.

Utilities had a down day as gas utility Centrica (LSE: CAN) was down 2.92 percent while Pennon (LSE: PNN) a water utility that also has interests in waste management fell 2.62 percent and water utility Severn Trent (SLE: …

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