European shares steady helped by earning updates, bank gains

miércoles 20 de abril de 2016 10:23 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 index little changed

* Cheaper oil pulls down market

* Accor, ARM gain after results, but ASML falls

* Volkswagen leads FTSEurofirst gainers

By Danilo Masoni and Atul Prakash

MILAN/LONDON, April 20 (Reuters) - European shares steadied around three-month highs on Wednesday as a fall in crude oil prices was offset by some solid earning updates and gains among banking stocks.

The pan-European FTSEurofirst 300 index was up 0.07 percent by 1404 GMT after rising 1.5 percent the day before, when it reached its highest since early January.

Crude oil prices fell on Wednesday after Kuwaiti oil workers ended a three-day strike that had cut the nation's crude output by around half. Sharp losses on Chinese markets also led to some profit-taking after the recent gains.   Continuación...