European shares mixed after Wall Street strength counteracts BOJ
* FTSEurofirst 300 up 0.2 percent
* BBVA, Airbus lower after disappointing results
* But Deutsche Bank rises on surprise profit (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)
By Alistair Smout and Danilo Masoni
LONDON/MILAN, April 28 (Reuters) - European shares were mixed on Thursday, with initial weakness after the Bank of Japan unexpectedly held off from expanding monetary stimulus later counteracted by strength on Wall Street.
The pan-European FTSEurofirst 300 index, which hit a three-month high last week, closed up 0.2 percent at 1373.23, rising off its lows after the Wall Street open.
A rise in Facebook to a record high after its results supported sentiment, while commodity stocks were buoyed as Brent crude rose to its highest level in 2016.
"European markets recovered from sharp early losses as strength in the basic resource sector following a fresh 2016 peak in oil prices unwound some of the dismay at no addition to stimulus from the Bank of Japan," Jasper Lawler, market analyst at CMC Markets, said in a note.
European stocks had tracked a pullback on the Nikkei and other major stock markets after the BOJ's move offset earlier momentum triggered by the U.S. Federal Reserve staying tight-lipped on whether it would raise interest rates in June. Continuación...