European shares rise, ignoring slump in Greece market

lunes 3 de agosto de 2015 10:19 GYT
 

* Athens reopens, slumps around 16 percent

* Major European stock markets gain

* Markets buoyed by Heineken, Commerzbank results

* Weak China data weigh on mining stocks (Adds quote, fresh prices)

By Sudip Kar-Gupta and Alistair Smout

LONDON, Aug 3 (Reuters) - European shares rose on Monday, shrugging off a slump by the Greek stock market when it reopened after a five-week shutdown, as strong results from Heineken and banks supported the broader market.

The pan-European FTSEurofirst 300 index rose 0.7 percent and the euro zone's blue-chip Euro STOXX 50 index gained 1 percent. Germany's DAX advanced 1.2 percent and France's CAC 0.8 percent.

However, Athens' benchmark ATG equity index dropped by around 16 percent, led by shares in the country's major banks .

Trading was suspended in Athens in late June as part of capital controls imposed to stem an outflow of euros that threatened to collapse Greece's banks and push the indebted country out of the euro zone.   Continuación...