European stocks lifted by rise in banking shares

lunes 8 de agosto de 2016 03:45 GYT

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* Barclays rises on Exane upgrade, boosts banking sector

* PostNL surges after its Q2 results

* Airbus shares fall on UK corruption probe

By Sudip Kar-Gupta

LONDON, Aug 8 (Reuters) - European stock markets rose on Monday, propped up by gains in the shares of major banks.

The pan-European STOXX 600 index rose 0.3 percent, with traders also saying stocks were being supported by a rally on U.S. markets, with the S&P 500 and Nasdaq hitting record highs after strong jobs data on Friday.

The STOXX Europe 600 Bank index advanced 1 percent, helped by a 2.8 percent rise at Barclays after Exane BNP Paribas upgraded Barclays to "outperform" from "neutral".

Shares in Dutch postal service operator PostNL surged 12 percent, the top performer on the STOXX 600 index, after the company confirming its full-year outlook, while analysts also welcomed a surprise improvement in its equity position.   Continuación...