European shares snap losing streak after choppy day; Morrisons top gainer

jueves 15 de septiembre de 2016 13:28 GYT
 

(ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets)) Recasts, adds details, closing prices)

* STOXX 600 rises 0.6 pct after touching six-week lows

* Morrisons leads gainers as company returns to profit

* But Next, H&M, Tod's fall on disappointing earning updates

* Lackluster US data further slim odds of immediate rate hike

By Danilo Masoni and Sudip Kar-Gupta

MILAN/LONDON, Sept 15 (Reuters) - European shares rose on Thursday at the end of a choppy session that saw a key index hit a six-week low, with UK supermarket Morrisons leading gainers following a strong earnings update.

The pan-European STOXX 600 index, which had fallen for the last five days in a row amid concerns over tighter monetary policies, ended up 0.6 percent.

The index slipped as much as 0.1 percent earlier in the session to its lowest point since Aug. 4, but later recovered as Wall Street rose on the back of lacklustre economic data which further slimmed chances of an immediate rate hike.   Continuación...