European shares led higher by commodities stocks, Accor leads

viernes 3 de junio de 2016 08:06 GYT

(ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets for site in development. See the bottom of the report for more details) Adds details, updates prices)

* FTSEurofirst 300, STOXX 600 both by up 0.6 pct

* Accor up on report Jin Jiang plans to hike stake

* Commodities stocks track higher metals, oil prices

* Banco Popolare shares touch fresh record lows

By Atul Prakash

LONDON, June 3 (Reuters) - European shares rose on Friday, with French hotel group Accor climbing on a report that China's Jin Jiang was planning to hike its stake in the group, while a recovery in commodities prices boosted mining and energy stocks.

Accor shares rose 5.2 percent, the top gainer in the pan-European FTSEurofirst 300 index, after French newspaper Le Figaro reported that Jin Jiang was considering increasing its Accor holding to 29 percent. Accor declined to comment.

The FTSEurofirst 300 index rose 0.6 percent by 1135 GMT, but the index was down nearly 1 percent for the week after gaining for the previous three weeks running. The STOXX Europe 600 index was also up by 0.6 percent.   Continuación...