Gains at E.ON and Swiss Life steady European equities

miércoles 13 de agosto de 2014 10:53 GYT

* E.ON and Swiss Life rise as results beat forecasts

* Nagging worries over Ukraine crisis limit gains

* FTSEurofirst 300 edges up 0.1 percent

By Sudip Kar-Gupta

LONDON, Aug 13 (Reuters) - European stock markets were steady on Wednesday, supported by gains in the shares of utility E.ON and reinsurer Swiss Life after forecast-beating results.

However, economic sanctions over Ukraine and the broader risks posed by conflict between Kiev's forces and pro-Russian separatists limited the market's rebound from a recent sharp slide.

Investors are also worried that Europe's economic recovery remains muted. The Ukraine tensions were assigned some of the blame for data that showed an unexpected contraction in euro zone industrial production in June.

The pan-European FTSEurofirst 300 index, which had hit a 6-1/2 year high in late June but then fell back some 5 percent due to the Ukraine crisis, edged up by 0.1 percent to 1,321.34 points in late-session trading.

A 5 percent rise at E.ON gave one of the biggest lifts to the FTSEurofirst 300.   Continuación...