Earnings Lift European Shares Towards 2015 High

الجمعة 1436/7/5 هـ الموافق 2015/04/24 م واس
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London, Rajab 5, 1436, Apr 24, 2015, SPA -- European shares rose in early deals on Friday, boosted by encouraging earnings reports, while global sentiment was lifted by a new record high for the U.S. blue-chip Nasdaq index.
The FTSEurofirst 300 was up 0.4 percent at 1,627.56 by 0704 GMT, Reuters reported.
Top riser was Swedish home appliances maker Electrolux, up 6.3 percent after reporting a smaller-than-expected fall in first-quarter earnings.
Renault rose 5.1 percent after it said first-quarter revenue rose 13.7 percent, as Europe's auto-market upturn more than made up for collapsing Russian sales and a prolonged emerging-market slump.
The FTSEurofirst is less than 2 percent away from last week's 2015 high, which was its highest since 2000.
11:30 LOCAL TIME 08:30 GMT