European shares inch up early; Infineon dips after results

jueves 27 de noviembre de 2014 05:21 GYT

* FTSEurofirst 300 up 0.2 pct, DAX up 0.4 pct

* DAX gains ground for 11th straight session

* Energy shares under pressure ahead of OPEC meeting

By Blaise Robinson

PARIS, Nov 27 (Reuters) - European shares inched up in early trade on Thursday, adding to their recent sharp rally that has been fuelled by expectations of further stimulus measures from the European Central Bank.

Infineon dropped 1.9 percent after the German auto and industrial chipmaker posted results that slightly missed analyst forecast.

Remy Cointreau surged 6 percent after the French spirits group - whose cognac sales have been hurt by a Chinese government crackdown on ostentatious spending - reported a smaller-than-expected drop in profit.

"The results are better-than-expected, thanks to sales from its liquor and spirits division, as well as better cost control," a Paris-based trader said.

At 0900 GMT, the FTSEurofirst 300 index of top European shares was up 0.2 percent at 1,391.69 points.   Continuación...