European shares bounce back as banks, energy companies rise

lunes 19 de septiembre de 2016 04:42 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)

* European markets rise after losses in previous week

* Firmer oil prices lift shares of energy companies

* Royal Bank of Scotland lifted by broker upgrade

* But Deutsche Bank shares fall again

By Sudip Kar-Gupta

LONDON, Sept 19 (Reuters) - European shares rose on Monday, marking a slight rebound after two straight weeks of losses, as gains in banking and energy company shares lifted the region's stock markets.

The pan-European STOXX 600 index, which had fallen to a six-week low on Friday, rose 0.7 percent. The STOXX 600 remains down by 7 percent so far in 2016.

A rise in the shares of heavyweight banking stocks, which had slumped on Friday following a threatened $14 billion fine on Deutsche Bank from U.S. authorities, added the most points to European stock markets.   Continuación...