European shares hover near one-month lows

jueves 15 de septiembre de 2016 04:44 GYT
 

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* STOXX 600 remains near 1-month lows, down 7 pct in 2016

* Morrison rises after results

* But Next and H&M fall

* Concerns remain over weak economy, bond sell-off

By Sudip Kar-Gupta

LONDON, Sept 15 (Reuters) - European shares hovered near one-month lows on Thursday, as concerns over a weak economic backdrop and recent heavy selling in the bond market pegged back equities.

The pan-European STOXX 600 index, which had fallen for the last five days in a row, was flat and remained near one-month lows. The STOXX 600 index is also down 7 percent so far in 2016.

Traders cited worries that recent sell-offs in the bond market, caused by concerns that world central banks are running out of ammunition to bolster economic growth, would mean equities remained vulnerable to further pullbacks.   Continuación...