STOCKS NEWS EUROPE-Stocks extend winning run

European shares rise 1.1 percent in early trade, up for a fourth straight session, after the Group of 20 pledged to keep the aid flowing until the recovery was assured, with banks and commodities the major gainers.

The FTSEurofirst 300 .FTEU3 index of top European shares is up 1.1 percent at 1,003.24 points.

Allianz (ALVG.DE) gains 4.8 percent after the insurer reports solid third-quarter figures which include a 23 percent rise in operating profit which beats consensus.

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