European shares claw back some ground after sell-off

martes 25 de agosto de 2015 03:41 GYT
 

* FTSEurofirst 300 up 1.7 pct

* Syngenta surges on sign of better Monsanto offer

* FTSEurofirst still set for worst month since 2002

* Chinese shares slump again

* Goldman Sachs strategists cut equities position

By Sudip Kar-Gupta

LONDON, Aug 25 (Reuters) - European shares rose on Tuesday, recovering some poise after a sharp sell-off the previous day on concerns about China's economy that saw around 450 billion euros ($520 billion) wiped off the value of leading stocks.

The pan-European FTSEurofirst 300 index, which slumped 5.4 percent on Monday, rose 1.8 percent, while the euro zone's blue-chip Euro STOXX 50 index gained 1.6 percent.

Swiss agricultural chemicals maker Syngenta was the best-performing FTSEurofirst stock, rising 7 percent after a source said Monsanto had sweetened a takeover.   Continuación...