Bank results help European shares extend best streak of the year

miércoles 12 de febrero de 2014 07:45 GYT

* FTSEurofirst 300 up 0.6 pct

* Euro zone banks gain after good SocGen and ING earnings

* Broader market lifted by surging China trade data

* Debt ceiling relief in the U.S., Yellen testimony supports

By Alistair Smout

LONDON, Feb 12 (Reuters) - One of Europe's top regional indexes extended its gains to six days on Wednesday, its best winning streak of the year, after good earnings and bullish news from China and the United States.

The pan-European FTSEurofirst 300 was up 0.6 percent at 1,325.25 at 1105 GMT, taking gains over the last six sessions to 4 percent. It had hit six-week lows earlier in the month.

Euro zone banks rose 1.4 percent, buoyed by good results from France's Societe Generale and Dutch bank ING.

Societe Generale led gainers, rising 6 percent after it said it would use a swing to profit in the fourth quarter to return more capital to shareholders in 2014.   Continuación...