LONDON Jan 3 European shares edged higher on
Thursday, with Next among the top risers after the
British retailer nudged up its full-year profit forecast.
The FTSEurofirst 300 was up 0.3 percent at 1,160.43
by 0814 GMT, having risen 2.1 percent in the previous session on
relief over a last-minute deal in the United States to prevent
huge tax hikes and spending cuts that would have pushed the
world's largest economy into recession.
"In the short-term I think there is not too much bad news
coming out; I think most of the hurdles... like the fiscal cliff
have been cleared so I think the markets will be fairly positive
for the next couple of weeks," Philippe Gijsels, head of
research at BNP Paribas Fortis Global Markets, said.
Next advanced 3.7 percent after kicking off the post
Christmas UK retail reporting season by saying it expected a
year to end-Jan. 2013 pretax profit of 611-625 million pounds
against previous guidance of 590-620 million pounds.