Europe shares bounce back; U.S. data helps

lunes 17 de marzo de 2014 11:19 GYT

* FTSEurofirst 300 up 0.9 pct, bounces from 3-week slide

* Relief at passage of Crimea referendum without violence

* Robust U.S. manufacturing data helps boost sentiment

* Peripheral euro zone equities sustain outperformance

By Blaise Robinson

PARIS, March 17 (Reuters) - European stocks rose on Monday, bouncing back from a three-week slide, helped by robust U.S. manufacturing data and after Crimea's vote to join Russia passed without violence.

At 1455 GMT, the FTSEurofirst 300 index of top European shares was up 0.9 percent at 1,295.53 points, after dropping 5 percent since late February.

Shares from the mining and industrial sectors featured among the biggest gainers, with BHP Billiton up 2 percent and ArcelorMittal up 2.2 percent, while Siemens rose 3.8 percent, helped in part by rating upgrades from both JP Morgan and Bank of America Merrill Lynch.

Investor sentiment was boosted by U.S. manufacturing output rebounding more than expected last month, posting its biggest increase in six months.   Continuación...