European shares rise, helped by banks; Glencore leads miners lower

miércoles 24 de agosto de 2016 12:51 GYT

* STOXX 600 up 0.4 pct; banks top sectoral gainer

* Glencore drags down miners after profit fall

* Forest products firm SCA soars on split plan

* WPP jumps after beating results forecast (Adds closing prices)

By Kit Rees and Danilo Masoni

LONDON/MILAN, Aug 24 (Reuters) - European shares rose on Wednesday, helped by a buoyant banking sector, while a disappointing update from British miner Glencore dragged the mining sector lower.

The pan-European STOXX 600 index closed up 0.4 percent for its third straight session of gains.

Glencore declined 3 percent after reporting a fall in underlying profit and lowering its debt target.