European shares lifted by higher oil price and stimulus potential

miércoles 29 de junio de 2016 04:12 GYT
 

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* STOXX 600 index rises for second session

* Lower European bond yields support European bank stocks

* Stronger oil price helps to stabilise markets

By Sudip Kar-Gupta

LONDON, June 29 (Reuters) - European shares rose on Wednesday, with higher oil prices and the chance of more monetary stimulus helping markets that were sent reeling by Britain's vote to exit the European Union.

The pan-European STOXX 600 index, which had slumped 11 percent over the course of Friday and Monday, rose 1.2 percent, building on a 2.6 percent gain in the previous session.

The FTSEurofirst 300 also stood 1.2 percent higher, though both the STOXX 600 and the FTSEurofirst remain down by about 12 percent since the start of 2016.

The shares of European oil majors rose as the impact from a potential strike in Norway lifted oil prices.   Continuación...