UPDATE 1-Mining stocks help European shares extend rebound

viernes 7 de febrero de 2014 13:42 GYT
 

* FTSEurofirst 300 closes up 0.8 pct at 1,300.11 points

* Euro STOXX 50 rises 0.9 pct to 3,038.49 points

* Upbeat Arcelor outlook lifts mining stocks

* U.S. jobs data worse than forecast

* Buy equities on dip -Sunrise Brokers' strategist

By Sudip Kar-Gupta

LONDON, Feb 7 (Reuters) - European shares extended their rebound on Friday from last month's losses, helped by mining stocks, as long-term investors bet equities would continue to benefit from the region's gradual economic recovery.

Equity markets briefly pared gains after worse-than-expected U.S. employment data, but then swiftly recovered as traders and investors said the longer-term outlook of a slow global economic pick-up remained intact.

The pan-European FTSEurofirst 300 index closed up 0.8 percent at 1,300.11 points, while the euro zone's blue-chip Euro STOXX 50 index also advanced 0.9 percent to 3,038.49 points.   Continuación...