European shares end worst quarter since 2011 with a rebound

miércoles 30 de septiembre de 2015 12:33 GYT
 

(Adds closing prices)

* Stocks rebound but see worst quarter since late 2011

* FTSEurofirst down over 9 pct in third quarter

* Glencore rallies after saying it has no solvency issues

* Carmakers boosted by China tax cut on small cars

By Danilo Masoni

LONDON, Sept 30 (Reuters) - European shares rose on Wednesday as a bruising quarter ended, after a Chinese tax cut boosted automakers and mining company Glencore rallied when it said had no solvency issues.

European equities still turned in their poorest quarterly performance since the worst of the euro zone debt crisis in 2011. Stocks steadily lost ground on signs of a slowdown in China, the world's second-biggest economy.

The pan-European FTSEurofirst 300 index ended up 2.56 percent, having lost more than 9 percent in the quarter. The euro zone's blue-chip Euro STOXX 50 index gained 2.34 percent.   Continuación...