European shares rebound, helped by strong earning updates

jueves 25 de febrero de 2016 11:45 GYT
 

* FTSEurofirst up 2 pct, still down since start of 2016

* Lloyds, AXA, Deutsche Telekom rise after results

* Zodiac slumps after profit warning

* Citi stays overweight on continental Europe shares (Adds details, updates prices)

By Danilo Masoni and Sudip Kar-Gupta

MILAN/LONDON Feb 25 (Reuters) - European shares rebounded on Thursday from losses earlier in the week, as solid corporate results including from British bank Lloyds lifted stock markets.

The pan-European FTSEurofirst 300 index, which had fallen around 4 percent in the previous two sessions, rose 2 percent by 1522 GMT.

The FTSEurofirst remains down by around 10 percent since the start of 2016, dragged by concerns about a slowing global economy and the health of Europe's banking sector.

Markets were looking ahead to this weekend's G20 meeting of world financial leaders in Shanghai but some investors were sceptical it could provide a big boost to sentiment.   Continuación...