(Fixes typo in paragraph 10)
By Shubham Batra and Shristi Achar A
(Reuters) -European shares advanced on Friday and logged their second consecutive weekly gains on upbeat earnings and global investor optimism about a September interest rate cut by the Federal Reserve.
The pan-European STOXX 600 index closed up nearly 0.9%, while the euro zone blue-chip gauge advanced 1.3%, both indexes hitting their highest levels in over a month on an intra-day basis.
Sweden’s Addtech hit a record high and jumped 16% after the technical solutions firm said the outlook for the next quarters was…