Rebound in energy stocks and ECB aid prospect lifts European shares

miércoles 17 de diciembre de 2014 13:53 GYT

* FTSEurofirst 300 ends up 0.1 pct at 1,316.76 points

* Russia concerns cause DAX to underperform

* Hard-hit Greek bourse up as new political vote looms

* ECB's Coeure makes new hints of fresh stimulus action

By Sudip Kar-Gupta

LONDON, Dec 17 (Reuters) - European equities staged a late recovery on Wednesday, as a rebound in energy stocks and new signs of economic stimulus measures from the European Central Bank lifted shares.

Brent crude, which is still down nearly 50 percent in six months, moved above $60 a barrel on Wednesday as U.S. data showed falling crude inventories.

The oil price recovery lifted the STOXX Europe 600 Oil & Gas Index by 3.3 percent.

"If you're prepared to hold your nerve, oil assets look like a good buy at the moment," said Clairinvest fund manager Ion-Marc Valahu.   Continuación...