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The FTSEurofirst 300 was up 0.7 per cent during the morning session of stock market trading, Reuters reports, climbing to 791.32 points at 10:01 BST.
However, the FTSE 100 had recorded a slight fall, dipping 7.78 points - or 0.19 per cent - to 3,983.08 points.
Tesco's share price rose 4.58 per cent on the back of the announcement that its annual sales increased by ten per cent last year, while Associated British Foods - owner of the Primark chain of clothing retailers - jumped 6.19 per cent after its half-year results beat analyst estimates.
However, Bernard McAlinden, strategist at NCB Stockbrokers, told the news source that there are still concerns, particulatly regarding the stability of banks.
"The market is likely to give back some more of its gains. It's as positive as you can be to say that we've seen the lows," he was quoted as saying.
