European shares end at one-month high as weaker euro lifts autos

martes 1 de marzo de 2016 13:30 GYT
 

* FTSEurofirst 300 rises 1.5 percent

* LSE shares surge on possible counter-offer

* Autos higher as euro hits one-month lows

* Glencore underperforms miners, Barclays slumps (Updates with closing prices)

By Danilo Masoni and Atul Prakash

MILAN/LONDON, March 1 (Reuters) - European shares rose on Tuesday, with exchange operator London Stock Exchange (LSE) hitting record highs on speculation of a possible bidding war and auto stocks boosted by continued weakness in the euro.

Shares in LSE rose 7.2 percent after U.S. rival ICE said it was considering making an offer for the group, a move that could derail Deutsche Boerse's potential tie-up with the British company. Deutsche Boerse was little changed.

"With ICE now also being interested, it looks ... more likely for a deal to be done," said Dafydd Davies, partner at Charles Hanover Investments.

The pan-European FTSEurofirst 300 index closed up 1.5 percent at 1,332.95 points, its highest level since Feb. 1.   Continuación...