LONDON, May 9 (Reuters) - A raft of well-received updates and a recovery in resources stocks helped European shares rebound early on Tuesday from the previous session's slight losses, although shares in Micro Focus MCRO.L dropped.
The pan-European STOXX 600 .STOXX index was up 0.3 percent, holding at 21-month highs, while France's CAC 40 index .FCHI gained 0.4 percent, recouping some of its losses from Monday following centrist Emmanuel Macron's French presidential election victory.
Britain's Micro Focus MCRO.L was the biggest STOXX faller, slumping more than 12 percent after saying that revenue at Hewlett-Packard Enterprise, the U.S. company it is buying, dropped around 10 percent in the last quarter.
Elsewhere company results were in focus, with shares in Denmark's Nets NETS.CO rising 2.7 percent following its first quarter earnings, and potash miner K+S SDFGn.DE also up 2 percent after its update. rebound in basic resources stocks .SXPP and gains among energy firms .SXEP also helped support the market, with miners up after a rise in the underlying price of copper. Glencore GLEN.L was the biggest gainer, up 3.3 percent. MET/L