European shares rise helped by Draghi; Italy banks rally

jueves 21 de enero de 2016 11:16 GYT

* FTSEurofirst 300 up 1.3 percent

* Monte Paschi leads Italy banks's strong rebound

* Pearson and Logitech among top gainers

* Deutsche Bank hit by capital concerns (Updates with market developments)

By Danilo Masoni and Atul Prakash

MILAN/LONDON Jan 21 (Reuters) - European shares rose on Thursday after slumping in the previous session, as a hint of more stimulus from ECB head Mario Draghi helped reassure investors following a turbulent start to the year.

Turmoil in financial markets and concerns over China and other emerging markets will prompt a March review of the European Central Bank's monetary policy, President Mario Draghi said on Thursday, holding out the prospect of further loosening.

"Draghi's words have helped calm down the market," Activtrades Chief Market Analyst Carlo Alberto De Casa said, noting how Italy was outperforming after heavy losses in banking shares led Italian stocks their lowest since 2014.   Continuación...