Rolls-Royce, Airbus help European shares higher

viernes 27 de junio de 2014 04:30 GYT
 

* FTSEurofirst 300 up 0.2 pct

* Engine deal helps Rolls and Airbus

* European equities still set to snap weekly winning run

* Barclays bounces after lawsuit falls

By Alistair Smout

EDINBURGH, June 27 (Reuters) - European shares edged higher on Friday, supported by gains in British engine maker Rolls-Royce but still set for their first weekly loss since April.

Rolls-Royce rose 1.4 percent, one of the FTSEurofirst 300's biggest gains, after Reuters exclusively reported that Airbus is close to deciding to upgrade its A330 with engines from the UK-listed company. Airbus also rose 1.4 percent, to the top of France's CAC 40 index.

"It's a shame that this has happened in such a subdued market, because we could probably see Rolls-Royce up a bit stronger than this," said Matt Basi, senior sales trader at CMC Markets, said. "They're only up just over a percent but this feels like a good news story at a time when they need one.

"For Airbus, it's a step in the right direction too."   Continuación...