European shares climb to 2-week high, focus on Scotland

jueves 18 de septiembre de 2014 07:09 GYT

* Pan-European FTSEurofirst 300 index up 0.8 percent

* Focus on Scottish vote, trading volumes relatively low

* Sulzer gains on mergers & acquisitions news

By Atul Prakash

LONDON, Sept 18 (Reuters) - European equities advanced on Thursday, with a key index climbing to a two-week high after the U.S. Federal Reserve renewed a pledge to keep ultra-low interest rates for a considerable time.

However UK shares slightly underperformed as the voting got underway in Scotland's referendum on independence, keeping investors on edge ahead of the result on Friday.

The FTSEurofirst 300 index of top European shares was up 0.8 percent at 1,396.07 points by 1034 GMT after rising up to 1,397.01, its highest since Sept. 5.

Britain's FTSE was up 0.4 percent, Germany's DAX index gained 1 percent and France's CAC 40 rose 0.6 percent.

The market got support from a statement from the Fed, which reaffirmed late On Wednesday its commitment to keep interest rates near zero for a "considerable time". However, it also indicated it could raise borrowing costs faster than expected when it starts moving.   Continuación...