European shares climbed to a two-month high on Wednesday, led by real estate stocks, with software firm Sage jumping to a record high following a strong annual operating profit and share buy back plan.
The pan-European STOXX 600 (.STOXX) was up 0.2% by 0937 GMT, while real estate stocks (.SX86P) led sectoral gains, rising 1.1%.
Further, a gauge of euro zone equity volatility (.V2TX) retained its downtrend, reaching its lowest level since July.
JPMorgan European Discovery Trust plc (LON:JEDT) is an investment trust company. The Investment Trust JEDT objective is to achieve capital growth from a portfolio of quoted smaller companies in Europe, excluding the United Kingdom.