European shares climb higher, helped by financial stocks

lunes 10 de agosto de 2015 12:28 GYT

* FTSEurofirst 300 closes up 0.7 pct

* Euro STOXX 50, DAX and CAC all gain ground

* Banco Popolare and Allianz rise

* Weak China data weighs on energy shares

By Sudip Kar-Gupta

LONDON, Aug 10 (Reuters) - European stock markets climbed higher on Monday as a rise in some major financial shares offset the impact of weaker energy stocks that curbed the progress of the British market.

The euro zone's blue-chip Euro STOXX 50 index and Germany's DAX both rose 1 percent, while France's CAC advanced by 0.8 percent.

Athens' main stock market also advanced 2.1 percent on signs that a new Greek bailout deal was on its way, although the Greek market remains down 17 percent since the start of 2015 due to the country's debt problems.

The pan-European FTSEurofirst 300 index progressed 0.7 percent, but Britain's FTSE 100 - which has a greater exposure towards commodity stocks than other European markets - fared less well, rising by only 0.3 percent.   Continuación...