European shares rise, SocGen jumps 7 pct
LONDON Aug 5 (Reuters) - European shares rose on Wednesday, led higher by Societe Generale which jumped 7 percent after posting its second-quarter results.
The French bank reported better-than-expected earnings and said it would target a slightly bigger cushion of capital and higher cost savings.
The pan-European FTSEurofirst 300 index was up 0.6 percent by 0707 GMT, and the euro zone's blue-chip Euro STOXX 50 index was up 0.6 percent. (Reporting by Liisa Tuhkanen; Editing by Alistair Smout)
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