European shares lifted by stronger financials and industrials

jueves 4 de agosto de 2016 04:14 GYT
 

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* Siemens rises after raising outlook

* French group BIC also surges after H1 update

* Shares in Hikma slump

By Sudip Kar-Gupta

LONDON, Aug 4 (Reuters) - European stocks climbed on Thursday as a rise in the shares of major financial and industrial stocks such as Aviva and Siemens boosted the region's equity markets.

The pan-European STOXX 600 index rose 0.4 percent, although the index remains down around 8 percent so far in 2016.

Many investors were focusing on the Bank of England, which is expected to cut interest rates for the first time since 2009 later in the day.

The prospect of lower rates and more monetary stimulus measures from the Bank of England and European Central Bank (ECB) have enabled European stock markets to recover from the hit they suffered in late June, following Britain's shock vote to quit the European Union.   Continuación...