European shares recover as banks rebound and Greece outperforms

viernes 17 de junio de 2016 12:45 GYT

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* STOXX 600 and FTSEurofirst 300 rise more than 1 pct

* But European stocks still end with weekly loss

* Greece outperforms after latest aid for Athens

By Sudip Kar-Gupta

LONDON, June 17 (Reuters) - A rebound in battered bank stocks lifted European shares on Friday, with Greek equities outperforming, although traders said markets would be choppy next week going into Britain's vote on whether to remain a member of the European Union.

The suspension of referendum campaigning after the killing on Thursday of Jo Cox, a pro-EU lawmaker, also eased some of the selling pressure suffered by stock markets this week. A man with suspected neo-Nazi links and a history of mental illness has been arrested over Cox's death.

The pan-European STOXX 600 index rose 1.4 percent while the similar FTSEurofirst 300 index advanced 1.2 percent.

Nevertheless, both ended with the week with losses of more than 2 percent, having fallen close to four-month lows on Thursday, and both are down roughly 10 percent so far in 2016.   Continuación...