European shares steady ahead of Fed, toilet troubles hit Zodiac

miércoles 16 de diciembre de 2015 05:40 GYT
 

* Pan-European FTSEurofirst 300 index steadies

* Zodiac falls on delays in plain toilet deliveries

* Casino gains after selling some real estate

By Atul Prakash

LONDON, Dec 16 (Reuters) - European shares steadied on Wednesday after a choppy start as investors awaited the outcome of a crucial rate-setting meeting of the U.S. Federal Reserve for clues about the market's near-term direction.

The pan-European FTSEurofirst index moved in and out of negative territory and was up 0.1 percent at 1,413.26 points by 0915 GMT, after climbing 2.9 percent in the previous session following a rebound in crude oil prices.

Zodiac Aerospace fell 4 percent, the worst performer in the FTSEurofirst 300, after saying it was behind schedule in supplying toilets for the Airbus A350.

The company is only just emerging from a year-long crisis over delays in production of aircraft seats that disrupted some airplane deliveries.

Investors were nervous before the conclusion of the Fed's two-day policy meeting, after which the U.S. central bank is expected to announce its rate hike in nearly a decade.   Continuación...