European stocks steady at one-month highs after mixed earnings

jueves 14 de abril de 2016 07:11 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) Adds details, updates prices)

* FTSEurofirst 300 steadies after touching 1-month high

* Burberry slumps after second-half sales fall

* Nestle gains as sales growth beat expectations

* Weak oil prices also weigh on markets

By Sudip Kar-Gupta and Danilo Masoni

LONDON, April 14 (Reuters) - European stock markets steadied on Thursday close to one-month highs amid mixed earnings updates while oil prices fell back.

The pan-European FTSEurofirst 300 index, which had risen 2.6 percent to close at its highest level since March 14, was up 0.07 percent at 1040 GMT.

The FTSEurofirst remains down by around 6 percent since the start of 2016, as concerns about a China-led economic slowdown have hit world stock markets and commodity prices, given China's role as a major consumer of oil and metals.   Continuación...