European shares hit more than 12 months, oil rise

European shares rose on Wednesday to a maximum of 12 months by a weaker dollar drove oil prices and metals, and to results of the technology that Intel and ASML reassured investors.

At 0928 GMT the FTSEurofirst 300 of top values rose 1.87 percent to 1014.03 points, after reaching a maximum of 12 months of 1014.36 points in the session.

The dollar hit a 14-month low boosting prices for oil and metals.

Energy stocks gained ground by the recent rise in oil prices above $ 75 a barrel.

Shares of oil company Total, ENI, BP and Royal Dutch Shell gained between 2 and 2.6 percent.