European shares edge higher, ECB meeting in focus

miércoles 21 de octubre de 2015 10:14 GYT
 

(Updates prices)

* FTSEurofirst 300 index up 0.12 percent

* Pearson shares slump after profit warning

* Credit Suisse slips on results, capital hike plans

* Technology sector is top gainer, led by ARM

By Danilo Masoni and Atul Prakash

MILAN/LONDON, Oct 21 (Reuters) - European shares crept higher on Wednesday as confidence over a positive close to the year and continued central bank support ahead of an ECB meeting on Thursday helped investors to shrug off negative earnings news.

The pan-European FTSEurofirst 300 index was up 0.12 percent after falling as much as 0.8 percent earlier in the session, while the euro zone's blue-chip Euro STOXX 50 index gained 0.55 percent.

"With the European Central Bank meeting tomorrow, investors do not want to be overly short (negative)," said Markus Huber, trader at Peregrine & Black in London.   Continuación...