Roche, AstraZeneca help European shares start June on high note

lunes 1 de junio de 2015 03:32 GYT
 

* FTSEurofirst 300 up 0.9 pct

* Roche, AstraZeneca boost market

* Eyes on Greek talks, German inflation data

By Francesco Canepa

LONDON, June 1 (Reuters) - European shares kicked off June on a positive note on Monday, helped by a rise in pharma stocks, although main indexes were still stuck in their recent range as uncertainty persisted over Greece's future.

AstraZeneca and Roche, both up 2 percent, led a rise in the healthcare sector after each published a positive update on one of their anti-cancer drugs.

They helped boost the pan-European FTSEurofirst 300 index , which was up 0.9 percent at 1,599.98 points after shedding 2 percent the previous week.

Athens and its euro zone and International Monetary Fund (IMF) creditors have been locked in talks for months on a cash-for-reforms agreement. Athens faces a payment to the IMF on June 5 as well as the expiration of its bailout programme on June 30.

"We were short at the end of last week but we're neutral now," Markus Huber, senior trader at Peregrine & Black, said.   Continuación...