European shares have risen, with Japan's move to ease its monetary policy to bolster the world's third-biggest economy allaying concerns about global growth.

Japan boosted its asset purchase programme to support the economy that faces weakening exports and fall-out from a territorial dispute with China, following recent central bank stimulus action in the United States and Europe.

The FTSE 100 was up 19.07 points, or 0.3 per cent, at 5,887.23, the CAC 40 jumped 23.55 points, or 0.67 per cent and the DAX rose 40.12 points, or 0.55 per cent.

In the US, futures for the Dow Jones and S&P 500 were up 0.4 per cent."There have been some concerns with regards to China's economic growth and its broader impact elsewhere. The fact that the Japanese central bank is attempting to play its part is certainly favourable," Keith Bowman, equity analyst at Hargreaves Lansdown, said.

"Investors are trying to remain generally defensively oriented, but at the same time they are trying to give themselves some exposure to the more cyclical areas, in case we do see a more sustained economic recovery."

European auto shares, generally seen as cyclical plays, were the top gainer, with the sector index rising 1.6 percent. The basic resources index was up 0.9 per cent.

Reuters