European equities rise as firmer insurers offset weaker miners

martes 29 de marzo de 2016 12:28 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)

* FTSEurofirst 300 closes up 0.5 pct

* 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 rose on Tuesday, as stronger insurance shares offset weaker commodity-linked stocks, which fell in tandem with lower metals and oil prices.

The pan-European FTSEurofirst 300 index closed up 0.5 percent while the euro zone's blue-chip Euro STOXX 50 index advanced 0.6 percent.

The STOXX Europe 600 Insurance index climbed 0.8 percent, making it one of the best-performing sectors.   Continuación...