European shares edge up before the Fed

miércoles 16 de diciembre de 2015 13:34 GYT
 

* Pan-European FTSEurofirst 300 index up 0.29 pct

* Casino gains after selling some real estate

* Brazil-exposed stocks weaker after sovereign downgrade

* Zodiac falls on delays in plane toilet deliveries (Adds details, closing prices)

By Atul Prakash and Danilo Masoni

LONDON/MILAN, Dec 16 (Reuters) - European shares rose on Wednesday 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 ended up 0.3 percent, after climbing 2.9 percent in the previous session following a rebound in crude oil prices.

Greek shares rose 3 percent, outperforming the rest of Europe after the Greek parliament approved a bill containing reforms demanded by the country's international lenders.

Many investors remained cautious before the conclusion of the Fed's policy meeting, however, after which the U.S. central bank is expected to announce its first rate hike in nearly a decade.   Continuación...