LONDON, March 25 (Reuters) - European shares hit a two-week high on Friday as investors turned their attention to macroeconomic factors and company earnings and hoped the rebuilding of Japan will boost demand for raw materials.
At 0810 GMT, the FTSEurofirst 300 index of top European shares was up 0.2 percent at 1,125.47 points after touching 1,127.06, the highest since March 11. The index rose 1 percent in the previous session.
"We have got the European issue this weekend and clearly the events in the Middle East are still a tail risk for the markets to deal with," said Ian Richards, European equity strategist at RBS.
"The underlying picture is very supportive of equities. The global economy is in a pretty good shape and we have valuations which are reasonable to low in the equity market. We are bullish on markets and think that we will make progress from here."
Technology shares were among the top gainers, with the sector index rising 0.9 percent. (Reporting by Atul Prakash)