LSE boosts European shares; euro factory survey caps gains

martes 1 de marzo de 2016 05:28 GYT
 

* FTSEurofirst 300 index hits 1-month high

* Sheds part of gains after weak euro zone PMI survey

* LSE shares surge on possible counter-offer

* Barclays slumps after fall in profits

By Atul Prakash

LONDON, March 1 (Reuters) - European shares extended the previous session's gains on Tuesday, with London Stock Exchange leading the market higher after Intercontinental Exchange confirmed a possible counterbid for the British operator.

Barclays fell 7 percent after reporting a 2 percent fall in full-year pre-tax profit.

Shares in London Stock Exchange Group - which last week received a merger offer from Deutsche Boerse AG - surged 8 percent, helping the pan-European FTSEurofirst 300 reach a one-month high in initial deals.

But the index shed part of those gains, trading up 0.3 percent at 1,317.52 points by 0914 GMT after a survey showed euro zone manufacturing activity expanded at its weakest pace for a year last month .   Continuación...