European shares rise energised by Draghi; Italy boosted by bank rally

jueves 21 de enero de 2016 14:01 GYT

* FTSEurofirst 300 up 2.1 percent, Milan index up 4.2 pct

* Monte Paschi leads Italy banks's strong rebound

* Pearson and Logitech among top gainers

* Deutsche Bank hit by capital concerns (Adds closing prices, details)

By Danilo Masoni and Atul Prakash

MILAN/LONDON Jan 21 (Reuters) - European shares rose on Thursday after slumping in the previous session to 15-month lows, as a hint of more stimulus from ECB president 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, 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 had outperformed after heavy losses in banking shares led European stocks to their lowest point in 15 months.

Daniel Sugarman, Market Strategist at ETX Capital, said what really "energized" European markets was the prospect of more monetary stimulus in just two months time.   Continuación...