Rise in oil firms' shares keeps European equities steady

miércoles 18 de junio de 2014 13:07 GYT
 

* Euro STOXX 50 closes up 0.1 pct at 3,279.20 points

* FTSEurofirst 300 closes flat at 1,387.44 points

* Oil prices rise as violence in Iraq persists

* Credit Suisse upgrades energy equity sector to "benchmark"

* Investors eyeing Fed decisions (1800 GMT)

By Sudip Kar-Gupta

LONDON, June 18 (Reuters) - European stock markets were steady on Wednesday, hovering near multi-year highs reached last week and supported by shares in major energy companies as violence in Iraq pushed up oil prices.

However, many investors were reluctant to buy new positions as they awaited the conclusion of the U.S. Federal Reserve's two-day policy meeting later in the day.

The price of Brent crude oil rose towards $114 a barrel on Wednesday as Sunni militants pushed forward in northern Iraq, striking the country's biggest refinery and stoking worries about oil exports as some firms pulled foreign oil workers out of the country.   Continuación...