European shares rise as ARM leads tech stocks higher

lunes 18 de julio de 2016 12:02 GYT

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* STOXX 600 index closes up 0.2 pct

* ARM rises over 40 percent after Softbank bid

* Sector peers Dialog, AMS also among top gainers

* But Turkey unrest weighs on BBVA and TUI

By Sudip Kar-Gupta

LONDON, July 18 (Reuters) - European shares rose on Monday as technology stocks climbed after a bid for Britain's ARM , enabling markets to offset concerns over unrest in Turkey that weighed on some travel and financial stocks.

The pan-European STOXX 600 index closed up 0.2 percent.

The STOXX 600 is down around 7 percent so far in 2016 but is 10 percent above a low point reached in June after financial markets slumped in the immediate aftermath of Britain's shock vote on June 23 to leave the European Union.   Continuación...