European shares advance as Metro and ProSieben rally

jueves 8 de mayo de 2014 06:08 GYT
 

* FTSEurofirst 300 up 0.5 pct, Euro STOXX 50 up 0.6 pct

* ECB seen keeping rates unchanged at 0.25 pct

* Metro and ProSieben rise after updates

* European equities to outperform in May -UBS strategists

By Sudip Kar-Gupta

LONDON, May 8 (Reuters) - European stock markets rose on Thursday after reassuring updates from top companies, such as the German supermarket chain Metro, and better-than-expected Chinese trade figures.

Investors were also focusing on the European Central Bank's interest rate decision later on Thursday. Most expect the ECB to leave rates on hold at a record low of 0.25 percent.

The pan-European FTSEurofirst 300 index, which rose to near a six-year high of 1,357.05 points earlier this month, climbed 0.5 percent to 1,350.94 points in mid-session trading.

The euro zone's blue-chip Euro STOXX 50 index rose 0.6 percent to 3,178.74 points. Germany's DAX gained 0.5 percent to 9,573.04 points.   Continuación...