European shares led higher by Casino; Burberry slumps

jueves 15 de octubre de 2015 10:01 GYT
 

* FTSEurofirst 300 up 1.3 percent

* Good set of results lifts French retailer Casino

* Burberry slumps as China slowdown leads to sales miss

* Eyes on earnings and U.S. consumer prices data (Adds detail)

By Danilo Masoni and Alistair Smout

MILAN/LONDON, Oct 15 (Reuters) - European shares rose on Thursday, bouncing back after three days of losses, with retailer Casino and consumer goods maker Unilever lifted by positive results.

The pan-European FTSEurofirst 300 index was up 1.3 percent at 1,423.68 points, while the euro zone's blue-chip Euro STOXX 50 index rose 1.4 percent.

Mining stocks were the top sectoral gainer in Europe, helped by London copper prices approaching a four-week high, with investors betting on a continued easy monetary policy environment.

U.S. consumer prices recorded their biggest drop in eight months in September as the cost of gasoline fell, confirming a low-inflation environment.   Continuación...