Europe stocks end higher; Greek shares rally

lunes 22 de diciembre de 2014 13:33 GYT
 

* FTSEurofirst 300 up 0.4 pct, FTSE 100 up 0.5 pct

* Energy shares reverse early gains as oil prices fall again

* Monte Paschi drops on fears of big writedowns

* France's Soitec tumbles after profit warning

By Blaise Robinson and Sudip Kar-Gupta

PARIS, Dec 22 (Reuters) - European equities ended higher on Monday, rising for the fifth session in a row, with Greek shares boosted by the prime minister's offer to bring pro-European independents into the government.

Bucking the trend, shares in Italian lender Banca Monte dei Paschi di Siena shed 6.9 percent, hit by renewed fears of big writedowns on poorly performing loans.

Monte Paschi is expected to book around 3 billion euros ($3.7 billion) in gross loan writedowns in the last quarter, much higher than the 1.2 billion euro total booked over the previous three quarters.

However, the biggest loser on Monday was French semiconductor engineering group Soitec, plummeting 55 percent after warning on its profit outlook.   Continuación...