European shares propped up by rise in Britain's FTSE

jueves 24 de diciembre de 2015 04:58 GYT
 

* FTSE lifted by rise in commodity stocks

* Half-day of trading across most European stock markets

* Germany's DAX is closed for the day

By Sudip Kar-Gupta

LONDON, Dec 24 (Reuters) - A rise in the British stock market, whose commodity-related companies climbed on the back of a further rebound in oil prices, propped up European equities on Thursday.

Britain's blue-chip FTSE 100 index rose 0.2 percent. In continental Europe, Spain's IBEX advanced 0.5 percent while France's CAC edged down 0.2 percent.

Germany's DAX market was closed, while other markets were due to have a half-day ahead of the Christmas holiday, and trading volumes were below average.

Oil majors such as BP and Royal Dutch Shell climbed by around 1 percent, as U.S. crude prices rose for a fourth straight session.

"The London market is benefiting from the latest rebound in crude oil prices," said Spreadex analyst Connor Campbell.   Continuación...