European shares rise as DAX and Greek markets rally

viernes 24 de abril de 2015 06:07 GYT
 

* FTSEurofirst 300 up 0.4 percent

* Electrolux and Renault, 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 climbed higher on Friday, boosted by encouraging corporate earnings and upbeat economic data, while the volatile Athens market also rose on prospects for a deal over Greece's debt crisis.

The FTSEurofirst 300 was up 0.5 percent at 1,629.34 points going into the middle of the trading session. The index reversed most of the previous session's drop and was just 1.5 percent below a 2015 peak hit last week, which marked its highest level since 2000.

Germany's DAX advanced 0.8 percent, putting it within reach of record highs hit earlier this year, as data showed that German business morale had risen to its highest level in almost a year in April.

There was also optimism regarding Greece, after German Chancellor Angela Merkel said she had a "constructive" meeting with Greek Prime Minister Alexis Tsipras.   Continuación...