Adecco rallies as European shares advance

jueves 8 de mayo de 2014 03:46 GYT

* FTSEurofirst 300 up 0.4 pct in early trading

* Adecco and ProSieben rise after Q1 figures

* ECB seen keeping rates unchanged at 0.25 pct

By Sudip Kar-Gupta

LONDON, May 8 (Reuters) - European stock markets rose on Thursday, lifted by reassuring business updates from some of the region's top companies such as Adecco and by better-than-expected Chinese trade figures.

The pan-European FTSEurofirst 300 index, which hit a near 6-year high of 1,357.05 points earlier this month, advanced by 0.4 percent to 1,350.61 points in early session trading.

The euro zone's blue-chip Euro STOXX 50 index also rose by 0.5 percent to 3,174 points while Germany's DAX progressed by 0.5 percent to 9,572.90 points.

Shares in Adecco, the world's largest staffing company and a barometer of Europe's economic health, rose 3 percent after Adecco said higher demand for its services in Germany and Britain had led to an increase in revenues.

German media group ProSiebenSat.1 also outperformed with a 4.4 percent rise after posting a 9.5 percent increase in first-quarter core earnings.   Continuación...