European shares rebound as weak euro boosts exporters

miércoles 11 de marzo de 2015 11:03 GYT
 

* Rebound comes despite Wall St slump overnight

* Germany's DAX touches new record highs

* Sector consolidation prospects lift Telecom Italia

* Euro's renewed slump boosts European exporters

* Strong results lift Adecco shares

By Sudip Kar-Gupta

LONDON, March 11 (Reuters) - European shares bounced back on Wednesday from a sharp sell-off in the previous session, as a drop in the value of the euro lifted stocks in the region's exporters.

Telecom Italia also surged, which traders said was down to expectations of a consolidation in the domestic mobile phone sector.

Germany's DAX, whose constituents include major exporters BMW and Volkswagen, touched a new record high, while the broader pan-European FTSEurofirst 300 index rose 1 percent.   Continuación...