European shares rise, SocGen jumps 7 pct

miércoles 5 de agosto de 2015 03:14 GYT

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)