Europe Roundup: Shares rise

LONDON: European shares rose yesterday as investors anticipated a strong US jobs figure, with unprecedented central bank monetary policy supporting equities around multi-year highs.

Germany's DAX briefly broke the 8,000 level for the first time sine January 2008 while the rise in global prices saw MSCI's world share index hit its highest level since June 2008 during the morning.

The FTSEurofirst300 was up 6.09 points, or 0.5 per cent, at 1191.30 at 1113 GMT, holding near highs last seen just over two years ago as central banks' accommodative monetary policy continues to keep asset prices supported.

The eurozone's blue chip Euro STOXX 50 index, Germany's DAX and France's CAC 40 are poised to record their best weekly gains in nearly four months. Reuters