European shares rise as financial stocks gain ground
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* FTSEurofirst 300 rebounds from Monday's losses
* KBC and ING lifted by Goldman Sachs upgrade
* French group SEB rises after WMF acquisition
* Concerns remain over possible future U.S rate hikes
By Sudip Kar-Gupta
LONDON, May 24 (Reuters) - European shares rose on Tuesday, recovering from losses at the start of trading as firmer financial stocks lifted the region's equity markets.
The pan-European FTSEurofirst 300 and STOXX 600 indexes were both up around 1 percent by 1024 GMT, rebounding from losses of a similar scale incurred on Monday.
The STOXX Europe 600 Banks Index outperformed with a 1.4 percent rise. KBC and ING both climbed after Goldman Sachs upgraded them both to "buy" from "neutral". Continuación...