Europe shares rise after Putin says Ukraine deal reached

jueves 12 de febrero de 2015 05:29 GYT

* FTSEurofirst 300 up 0.5 pct, still stuck in range

* Stocks rally after Putin says leaders agreed on Ukraine deal

* Stockholm's OMXS30 hits record high after rate cut, QE move

By Blaise Robinson

PARIS, Feb 12 (Reuters) - European shares rose on Thursday morning after Russian President Vladimir Putin said an agreement was reached in Ukrainian peace talks and a ceasefire would start on Feb 15.

Stockholm stocks outperformed, with benchmark OMXS30 index gaining 1.5 percent and hitting a record high after Sweden's central bank surprised many by cutting its main repo rate into negative territory and launching a quantitative easing programme, sending the crown currency lower.

Shares in Credit Suisse rose 6.7 percent after the lender outlined measures to deal with the strong Swiss franc and posted fourth-quarter net profit ahead of analysts' estimates.

Shares in Renault soared 8 percent after the French carmaker posted a jump in profits despite a deepening Russian market slump.

Online fashion retailer Zalando jumped 11 percent after it reported a bigger-than-expected rise in fourth-quarter core profit as it reined in marketing spending and grew sales.   Continuación...