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European shares open higher, boosted by Electrolux
Shoaib Ur Rehman
18 Dec, 2013
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![](https://i.brecorder.com/images/2013/12/european-stocks0.jpg">LONDON: European shares opened higher on Wednesday, boosted by Swedish home appliances maker Electrolux after strong US deliveries data, and by expectations of a bullish reading for a German economic sentiment indicator. </P><P class=MsoNormal>The market was betting the Ifo business morale survey, due to be published at 0900 GMT, would come in strong a day after the ZEW gauge of German analyst and investor sentiment beat forecasts. </P><P class=MsoNormal>But many investors were reluctant to make large directional bets ahead of an announcement from the US Federal Reserve on its equity-friendly stimulus programme at 1900 GMT. </P><P class=MsoNormal>)