European equities steady as firmer insurers offset weaker miners

martes 29 de marzo de 2016 07:28 GYT
 

(ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets for site in development. See the bottom of the report for more details)

* Insurers gain on positive broker comments

* Mining stocks fall as metals prices lose ground

* Portuguese banks BPI and Millennium BCP also fall

By Atul Prakash

LONDON, March 29 (Reuters) - European stock markets were steady on Tuesday, as a rise in insurance shares offset weaker commodity-linked stocks, which fell in tandem with lower metals and oil prices.

The pan-European FTSEurofirst 300 index edged up 0.1 percent. Across Europe, Germany's DAX slipped 0.1 percent while France's CAC advanced 0.4 percent.

The STOXX Europe 600 Insurance index was up 0.7 percent, making it one of the best-performing sectors.

RSA Insurance rose 1 percent after Deutsche Bank and Barclays increased their target prices for the stock, while Dutch insurer and financial services company NN Group also gained 1 percent after HSBC added it to its "Europe Super 10" list.   Continuación...