FTSEurofirst 300 index hits high

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European stocks extended gains on Friday, with the FTSEurofirst 300 index of top European shares hitting a 13-month high, boosted by growing expectation that the worst of the euro zone crisis might be over.

At 11:52 SA time, the FTSEurofirst 300 index of top European shares was up 0.4 percent at 1,108.73 points after rising to a high of 1,109.69, a level not seen since late July 2011.

The benchmark index is on track to post its eleventh weekly gain in a row, the index's longest run of winning weeks since 2005. - Reuters


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