European share prices rose in early trade on Friday on the back of a string of corporate news and higher oil prices, while investors eyed the Group of Seven finance ministers meeting in Germany.
A 2.2-percent rise in DaimlerChrysler shares pushed up the DJ Stoxx European auto sector index after Citigroup upgraded the shares to a "buy" from a "hold".
The pan-European FTSEurofirst index of 300 leading shares rose 0.5 percent to 1,542.74 points by 0853 GMT.
London's FTSE 100 gained 0.7 percent and the French CAC 40 and Germany's DAX rose 0.6 percent
Read more at Reuters South Africa
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