European shares boosted by Ryanair after profit forecast hike

miércoles 9 de septiembre de 2015 04:19 GYT

* FTSEurofirst 300 jumps 2.1 percent

* Ryanair raises full-year profit forecast by 25 percent

* Mining companies top sectoral riser as China calm prevails

* GSK falls after drug disappoints in trials

By Alistair Smout

LONDON, Sept 9 (Reuters) - European shares got a boost from a rally in Ryanair shares on Wednesday, which hit an all-time high after the airline lifted its full-year profit forecast by 25 percent.

Ryanair shares surged 10 percent to hit 14.265 euros after saying its summer performance was boosted by bad weather in northern Europe and the strength of the British pound.

It led the STOXX 600 travel and leisure sector, which rose 2.4 percent.

"Overall, a solid update and we are pleased to see the increase in forecasts," Guardian Stockbrokers' director of trading, Atif Latif, said.   Continuación...