European shares near three-week high, with focus on Greek vote

miércoles 15 de julio de 2015 10:33 GYT
 

* FTSEurofirst 300 up 0.4 pct

* Greece to vote on bailout deal

* Syngenta top riser after hedge fund takes a stake

* SKF falls 8.1 percent after results (Updates prices)

By Alistair Smout and Liisa Tuhkanen

LONDON, July 15 (Reuters) - European shares steadied at three-week highs on Wednesday, led by pesticide maker Syngenta , as investors waited for a crucial vote in Greece on a proposed bailout package.

The pan-European FTSEurofirst 300 index was up 0.4 percent at 1,586.30 points by 1414 GMT, touching its highest level since June 26.

Outperforming other national indexes, Italy's FTSE MIB rose 1.1 percent and Spain's IBEX gained 0.8 percent, as bond yields in the euro zone's periphery fell before the Greeks vote.

After reluctantly agreeing to stringent terms for a new bailout deal, Greek Prime Minister Alexis Tsipras now must face down a rebellion in his anti-austerity Syriza party to push sweeping pro-market reforms and spending cuts through parliament.   Continuación...