European shares led higher by Carlsberg, Henkel

miércoles 11 de noviembre de 2015 11:37 GYT
 

* FTSEurofirst 300 gains 0.7 pct

* Ahold, Henkel also rally after results

* Osram slumps after new strategy poorly received

* Overall earnings picture remains mixed

By Alistair Smout and Danilo Masoni

LONDON/MILAN, Nov 11 (Reuters) - European shares rose on Wednesday after well-received earnings reports from companies including Henkel and as Carlsberg's new management outlined restructuring plans, sending the brewing group's shares soaring.

The FTSEurofirst 300 rose 0.7 percent, adding to a 0.2 percent gain in the previous session. The index is down 0.4 percent this week on fears of a possible interest rate rise by the U.S. Federal Reserve in December after strong jobs data.

With European stocks near three-month highs, some said there was enough bullish sentiment to withstand a rise in rates.

"If there's a one-off rate rise from the Fed, the market has enough appetite in it to take it in its stride," TJM Partners head of trading Manoj Ladwa said. "But going forwards, there's still loose monetary policy in place from the European Central Bank, and that's largely supportive of equities."   Continuación...