London: 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.
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.
Meanwhile the U.S. Nasdaq Composite closed at an all-time high on Thursday, surpassing its own record set just before the dotcom crash in 2000.