European shares bounce a little as bond sell-off eases, SAB gains

miércoles 13 de mayo de 2015 03:52 GYT
 

* FTSEurofirst 300 up up 0.6 pct

* Shares steady as bond market selloff pauses

* France, German data mixed

* SABMiller, Vivendi up after reults

By Francesco Canepa

FRANKFURT, May 13 (Reuters) - European shares staged a small bounce on Wednesday, helped by respite from a broad sell-off in bond markets and by strong results from Vivendi and SABMiller.

Investors were also digesting mixed economic data showing France's economy, the euro zone's second biggest, grew faster than expected in the first quarter while Germany, the bloc's No. 1 economy, suffered a bigger-than-forecast slowdown.

Drinks group SABMiller rose 1.7 percent after reporting full-year profit above analyst expectations as performance picked up in the latter half of the year, but saying trading would continue to be tough in its new financial year.

Media company Vivendi rose 2.8 percent after posting higher first-quarter profit and saying it planned to buy the rest of pay-TV operator Canal Plus' SECP unit.   Continuación...