European shares extend post-ECB gains, led by peripherals

viernes 6 de junio de 2014 10:16 GYT

* FTSEurofirst 300 up 0.5 pct, Euro STOXX 50 up 0.9 pct

* Euro zone peripheral indexes add to brisk 2014 gains

* Volatility index tumbles to 2007 levels

* Muted reaction to in-line U.S. jobs data

By Blaise Robinson

PARIS, June 6 (Reuters) - European shares extended gains triggered by new European Central Bank measures to boost the region's recovery into a second day on Friday, with a euro zone blue-chip index touching a six-year high.

Euro zone peripheral markets outperformed, pushing Madrid's IBEX up 1.6 percent by 1330 GMT and Milan's FTSE MIB up 1.1 percent - led by banking stocks such as Banco Santander and Intesa SanPaolo, as investors bet that euro zone banks would most benefit from the ECB's measures.

The FTSEurofirst 300 index of top European shares was up 0.4 percent at 1,385.88 points, while the euro zone's blue-chip Euro STOXX 50 index was up 0.7 percent, at 3,291.27 points, a level not seen since 2008.

The Euro STOXX 50 Volatility index, Europe's main 'fear gauge', hit its lowest level since before the financial crisis erupted in 2007.   Continuación...