Firmer GDP data gives European shares a fillip

viernes 14 de febrero de 2014 08:25 GYT

* FTSEurofirst 300 up 0.5 percent

* Firmer German, French growth data lifts sentiment

* ThyssenKrupp boosted by robust results

By Tricia Wright

LONDON, Feb 14 (Reuters) - European stocks notched up their seventh rise in eight sessions on Friday as firmer economic growth in Germany and France fuelled expectations of a rebound in corporate profits in Europe this year.

The FTSEurofirst 300 was up 0.5 percent at 1,332.04 points by 1214 GMT, with Italy's FTSE MIB, up 1.7 percent. It was outperforming on the prospect of a new centre-left leader in the country believed to be committed to reforms.

The FTSEurofirst 300 index, up more than 5 percent from an early February low, has recovered around three quarters of what it lost during the recent emerging markets sell-off.

The French economy grew 0.3 percent in the final quarter of 2013, slightly beating expectations and boosted by corporate investment, and German economic growth unexpectedly accelerated to 0.4 percent on a rise in exports and capital investment, data showed.

Meanwhile, Italy's economy grew marginally at the end of last year for the first time since the middle of 2011.   Continuación...