** Shares in Pandora rise over 8% after the Danish jewellery brand reported a "solid" set of Q1 results, as per J.P.Morgan

** The company reported Q1 sales at DKK 7.109 billion ($1.12 billion) vs. DKK 7.089 billion crowns analysts expected in a company-compiled poll

** J.P.Morgan also notes a 16% EBIT upside, driven by better-than-expected like-for-like (LFL) sales and gross margin performance

** "With better LFL trends in Q1 and current trading, small upgrades to estimates and generally very soft investor positioning, we would expect this results update to be taken well by the market," says JPM

** Pandora is among top performers on STOXX 600 .STOXX index

($1 = 6.3678 Danish crowns)