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MW: European shares extend gains after Ifo
 
By Sarah Turner
LONDON (MarketWatch) -- European shares extended gains after a better-than-expected German Ifo business sentiment reading helped support confidence about economic trends for at least some countries in the region. Early gains were made as investors welcomed earnings reports and Volvo [s; se:volvb] shares were up 10.5% and Adidas (DE:ADS 43.97, -0.04, -0.09%) shares climbed 2.8% after updating investors. The German DAX index rose 0.9% to 6,221.50, the French CAC-40 index rose 0.2% to 3,933.94 and the U.K. FTSE 100 index climbed 0.5% to 5,695.32.
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