European shares rose in early deals on Friday, eyeing their third straight session of gains, as sentiment was lifted after bets eased that central banks would tighten their policies more than signalled.
The pan-European STOXX 600 index rose 0.3% by 0714 GMT, taking heart from an overnight rally on Wall Street and a positive handover from Asia.
Technology and industrial shares were the biggest boosts to the STOXX 600, while miners led gains among sectors, up 1%.
On the week, the index was seen closing 1.8% higher - its best in 10 weeks. Banks were among the best performers this week, up around 5%, as major central banks stayed on course to lift interest rates.
Retailers lift European stocks but growth worries persist
London’s blue-chip FTSE 100 underperformed on Friday, edging lower as utilities and healthcare stocks weighed.
Comments
Comments are closed.