European shares gain after upbeat earnings reports; China still a drag

jueves 30 de julio de 2015 12:35 GYT
 

* FTSEurofirst 300 closes up 0.6 percent

* Siemens, Nokia underpin euro zone recovery story

* But China and emerging markets weigh on stocks

* German data show surprising rise in unemployment

* Peripheral euro zone preferred to core - Julius Baer

By Lionel Laurent

LONDON, July 30 (Reuters) - European equities enjoyed their third straight day of gains on Thursday with results from Siemens, Nokia and Safran underpinning the signs of recovery.

Sentiment was also buoyed by the U.S. Federal Reserve's relatively bright picture of improving labour-market conditions, without appearing any more aggressive than expected on the timing of an interest rate increase.

However, concerns over China's growth and emerging markets weighed on companies, among them drinks group Anheuser-Busch InBev. Carmaker Renault warned of a "significant" emerging markets slowdown in 2015.   Continuación...