European shares rebound led by auto, commodities stocks

viernes 25 de septiembre de 2015 06:10 GYT

* FTSEurofirst 300 and Euro STOXX 50 rise over 3 pct

* But FTSEurofirst still over 1 pct down so far this week

* DAX climbs but still some 20 pct below April record high

* VW and BMW rally, Zodiac Aerospace slumps

By Sudip Kar-Gupta and Danilo Masoni

LONDON,MILAN Sept 25 (Reuters) - European shares rebounded on Friday after approaching 2015 lows in the previous session, with firmer auto and commodities stocks leading the way, yet they remained set to record a loss for the week.

The region's stock markets have been hit this week by an emissions test scandal at Volkswagen and new signs of a slowdown in China, while the prospect of an imminent U.S. interest rate rise has also weighed on equities.

The pan-European FTSEurofirst 300 index, which ended down 2.1 percent on Thursday, was up 3.35 percent, while the euro zone's blue-chip Euro STOXX 50 index climbed 3.6 percent. However the FTSEurofirst remained down by more than 1 percent from the end of last week.

Germany's DAX, which has suffered this week due to the problems at Volkswagen, rose 3.2 percent but remains some 20 percent below a record high of 12,390.75 points in April. Some traders said they would look to play it safe by selling out on market rallies in case the market were to resume a downwards trajectory later.   Continuación...