//
The FTSEurofirst 300 has risen by 0.6 per cent at 1,079.20 points with food and beverages among the big gainers, Reuters reports.
Some of the largest positives were for Suedzucker - Europe's largest sugar maker, according to the publication - which experienced a rise of 3.4 per cent following a five per cent lift in first-half revenue.
But Luc Van Hecka, chief economist at KBC Securities, noted that the market is currently going sideways and could continue like this for some time.
He added: "Fundamentally, European shares are not expensive so that's giving some support. On the other hand, you are not in a phase of sustained growth yet either."
This news comes after early stock index signs were that there would be gains on Monday after European shares retreated on Friday, the publication reported.
Posted by Clive Arneil
