European shares rise, shrugging off slump in Greek market

lunes 3 de agosto de 2015 12:37 GYT

* Athens reopens, slumps about 16 percent

* Major European stock markets gain

* Markets buoyed by Heineken, Commerzbank results

* Weak China data weighs on mining stocks (Updates with closing prices)

By Sudip Kar-Gupta and Alistair Smout

LONDON, Aug 3 (Reuters) - European shares rose on Monday, shrugging off a slump for 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 to 1,583.52 points. 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 about 16 percent, led down 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 Greece's banks' survival and risked pushing the indebted country out of the euro zone.   Continuación...