Italy leads Europe shares higher, France lags in election aftermath

lunes 26 de mayo de 2014 03:59 GYT

* Italy's FTSE MIB outperforms as Renzi wins EU vote

* Pro-EU forces keep majority after European election

* French CAC lags after National Front win

* Germany's DAX briefly hits new record high

* London, New York closed for public holiday

By Sudip Kar-Gupta

LONDON, May 26 (Reuters) - European equities rose on Monday, with Italy's FTSE MIB outperforming after Prime Minister Matteo Renzi's centre-left Democratic Party's reforms were endorsed by a strong showing in European elections.

The FTSE MIB rose 2.9 percent, outpacing other major European indexes, as domestically focused banks including as UBI Banca and BP Milano rallied.

Germany's DAX - where the establishment also performed well - hit a record high of 9,876.10 points, before settling back to 9,867.92 points, a rise of 1 percent.   Continuación...