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European shares advance towards highs; Maersk up
Imaduddin
21 May, 2014
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![](https://i.brecorder.com/images/2014/05/europoean-28832.jpg">LONDON: European shares advanced on Wednesday, as Danish shipping and oil group A.P. Moller-Maersk gained after its profit beat forecasts and German utilities rose on the back of broker upgrades.</P><P>The pan-European FTSEurofirst 300 rose 0.5 percent at 1,363.66 points by 1435 GMT to hover near last week's six-year high. The index was helped by companies like Maersk and Germany's top utilities E.ON and RWE.</P><P>E.ON and RWE rose about 3 percent after RBC Capital Markets upgraded E.ON to )