Steelmakers lead as euro zone shares extend ECB rally

martes 26 de agosto de 2014 11:04 GYT

* Euro STOXX 50 up 0.7 pct

* Index on course for year's biggest two-day gain

* Investors buy market dips on ECB stimulus bet

* Steelmakers boosted by UBS upgrade

By Francesco Canepa

LONDON, Aug 26 (Reuters) - Euro zone blue chips were on track to record their best two-day gain this year on Tuesday, boosted by the prospect of further stimulus from the European Central Bank (ECB) and by strong gains for some steelmakers.

The euro zone's Euro STOXX 50 index was up 0.7 percent at 3,188.18 points by 1441 GMT, setting it on course for its biggest two-day rise since December 2013 at 2.9 percent.

Shares on both sides of the Atlantic have been boosted by comments from ECB President Mario Draghi, who was seen as having opened the door to a large-scale asset-buying scheme known as quantitative easing, or QE, to pump cash into the financial system and revive inflation.

"Draghi's readiness to do more is providing the necessary boost for equity indexes," Ashraf Laidi, chief global strategist at City Index, said.   Continuación...