European shares gain as prospect of ECB boost helps carmakers
(Updates with closing prices)
* FTSEurofirst 300 closes up 0.4 pct, Euro STOXX up 0.5 pct
* Carmakers among stocks benefiting from weaker euro
* Kleinwort Benson soars on counter-bid
* Delta Lloyd falls after announcing rights issue
By Danilo Masoni
MILAN, Nov 30 (Reuters) - European shares rose on Monday, boosted by expectations of more help from the European Central Bank, which weakened the euro and helped carmakers.
The ECB is expected to cut interest rates on euro deposits and extend its quantitative easing programme when it meets on Thursday. That put pressure on the euro, lifting shares of carmakers and luxury goods companies, since the weaker euro made their products cheaper overseas.
"There is still some optimism ahead of the ECB meeting on Thursday, which is the key market driver of the week," said Carlo Alberto De Casa, analyst at ActivTrades in London. Continuación...