European shares advance on interest rate outlook, led by autos

martes 6 de octubre de 2015 10:06 GYT
 

* FTSEurofirst 300 up 0.9 percent at two-week highs

* Auto sector top sectoral gainer led by Renault

* SABMiller drops on reported rejection of InBev offer

* TeliaSonera drops 3 pct on newspaper report

By Danilo Masoni

MILAN, Oct 6 (Reuters) - European shares moved higher on Tuesday, extending strong gains in the previous session, with sentiment helped by expectations central banks in Europe and the U.S. will maintain an equity-friendly monetary policy in the coming months.

The pan-European FTSEurofirst 300 rose 0.9 percent to trade around two week highs and the euro zone's blue-chip Euro STOXX 50 was up 0.8 percent.

"No doubt overall sentiment has improved over the past few days as uncertainty regarding an imminent US rate hike has been removed for now," said Peregrine & Black trader Markus Huber.

"Firmer markets towards the end of the day would certainly confirm that the 'Bulls' are slowly gaining the upper hand again."   Continuación...