European shares propped up by gains in Credit Agricole, Glencore

miércoles 17 de febrero de 2016 05:40 GYT

* Ct Agricole up after results and plans to change structure

* Glencore gains after refinancing debt

* Schneider Electric also among top performers

* FTSEurofirst rises but remains down since start of 2016

By Sudip Kar-Gupta

LONDON, Feb 17 (Reuters) - European stock markets resumed their recovery on Wednesday, boosted by a rise in the shares of French bank Credit Agricole and miner Glencore .

The pan-European FTSEurofirst 300 index was up 1.2 percent in early session trading.

The index slipped 0.4 percent the previous day and remains down around 10 percent since the start of 2016 due to persistent concerns about a global slowdown and weak commodity prices.

But the FTSEurofirst has staged a recovery recently, rising 6 percent in the two sessions before Tuesday, partly on a recovery in banking shares.   Continuación...