European shares boosted by encouraging earnings towards 2015 high

viernes 24 de abril de 2015 04:28 GYT
 

* FTSEurofirst 300 up 0.4 percent

* Electrolux, Renault, Sabadell all rise after results

* German Ifo points to strong business morale

* Greek shares up on debt deal optimism

By Alistair Smout

LONDON, April 24 (Reuters) - European shares rose in early deals on Friday, boosted by encouraging earnings reports, with investors also cautiously optimistic over the prospects of a deal over Greece's debt crisis.

The FTSEurofirst 300 was up 0.4 percent at 1,627.90 by 0819 GMT, reversing most of the previous session's drop and 1.7 percent off a 2015 peak hit last week, which was its highest since 2000.

Top riser was Swedish home appliances maker Electrolux , up 6.6 percent after reporting a smaller-than-expected fall in first-quarter earnings.

Renault rose 4.3 percent after it said first-quarter revenue rose 13.7 percent, as Europe's auto-market upturn more than made up for collapsing Russian sales and a prolonged emerging-market slump.   Continuación...