European shares gain after Greece deal, HSBC slips

lunes 23 de febrero de 2015 05:24 GYT

* Germany DAX hits record high, FTSEurofirst 300 gains

* Market sentiment improves after Greece deal

* Britain's FTSE turns negative after HSBC profit falls

By Atul Prakash

LONDON, Feb 23 (Reuters) - European equities extended recent gains on Monday, with Germany's DAX hitting an all-time high as investor appetite for riskier assets improved after euro zone negotiators agreed to extend Greece's financial rescue package.

Britain's FTSE 100 index opened higher, but turned negative after index heavyweight HSBC reported a 17 percent drop in annual profit.

Broader market sentiment improved after Athens sealed a deal to avoid a banking collapse by accepting a conditional extension of its bailout programme.

Analysts were cautiously optimistic about the accord, which requires Greece to submit by Monday policy measures it plans to take during the remainder of its bailout period.

Share prices slightly retreated from intra-day highs.   Continuación...