Energy shares and Greek rebound lift European equities

lunes 22 de diciembre de 2014 05:16 GYT
 

* FTSE and European stock markets advance

* Athens ATG equity index up after PM's weekend comments

* Soitec slumps after cutting its earnings guidance

* Rebound in oil price boosts energy stocks

By Sudip Kar-Gupta

LONDON, Dec 22 (Reuters) - Rising energy shares drove European equities higher on Monday, while Greece's bourse also advanced after the country's prime minister offered on Sunday to bring pro-European independents into the government.

However, French semiconductor engineering group Soitec lost more than half of its stock market value after it cut its earnings guidance.

Britain's blue-chip FTSE 100 index advanced by 0.9 percent, Germany's DAX progressed by 0.6 percent, France's CAC rose 1 percent while the pan-European FTSEurofirst 300 index also climbed 0.7 percent.

Athens' ATG equity index, which has fallen by more than 20 percent in 2014 on concerns about a disorderly exit by Greece from its international bailout, rose 1.9 percent - recovering from a 1.4 percent fall on Friday.   Continuación...