Spain leads European share rally after Scots say no to independence

viernes 19 de septiembre de 2014 07:12 GYT

* FTSEurofirst 300 up 0.8 pct, hits best level since 2008

* Spanish IBEX index outperforms after Scotland "No" vote

* Banks buoyed by Scottish referendum results

By Atul Prakash

LONDON, Sept 19 (Reuters) - European equities surged on Friday, with a key index hitting a 6-1/2-year high after Scotland's decision to vote against independence buoyed equity markets and eased concerns about similar separatist movements in Spain.

The pan-European FTSEurofirst 300 index was up 0.8 percent at 1,408.54 points by 1025 GMT after rising up to 1,410.93, its highest since 2008. The euro zone's Euro STOXX 50 rose 0.6 percent, Germany's DAX gained 0.7 percent and Britain's FTSE 100 was up 0.7 percent.

The markets witnessed a relief rally after Scotland spurned independence in a historic referendum that threatened to rip the United Kingdom apart, sow financial turmoil and diminish Britain's remaining global clout.

Scottish referendum results: here

Spain's IBEX outperformed with a 1.3 percent rise, helped by a fall in Spanish 10-year government bond yields as markets viewed Scotland's "No" vote as having reduced prospects of a stronger push for a breakaway in Catalonia.   Continuación...