European shares edge up led by banks; Luxottica down
(Adds details, updates prices)
* FTSEurofirst up 0.1 percent, off earlier highs
* Banks set for fifth straight day of gains
* Miners rise on new Chinese stimulus measures
* Luxottica falls after disappointing update
By Sudip Kar-Gupta and Danilo Masoni
LONDON/MILAN, March 2 (Reuters) - European shares rose on Wednesday, with banks on course for their fifth straight day of gains after previously suffering heavy losses, while Luxottica led losers after a disappointing update.
The pan-European FTSEurofirst 300 index was up 0.1 percent by 1209 GMT, off earlier highs, and the euro zone's Euro STOXX 50 index was 0.3 percent firmer.
"We do appear to have turned a corner on European markets," said Hantec Markets' analyst Richard Perry. Others were more cautious, pointing to underlying signs of weakness in the global economy. Continuación...