European shares rebound, helped by financials, commodity stocks

lunes 19 de septiembre de 2016 12:13 GYT
 

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* European markets rise after losses in previous week

* Firmer oil prices lift shares of energy companies

* Miners lead sectoral gainers, helped by CS upbeat view

* Deutsche Bank underperforms positive bank sector

By Sudip Kar-Gupta and Danilo Masoni

LONDON, Sept 19 (Reuters) - European shares edged higher on Monday in a modest rebound after two straight weeks of losses, led by financials and commodity stocks.

The pan-European STOXX 600 index, which had fallen to a six-week low on Friday, ended up 1 percent. The STOXX 600 remains down by 7 percent so far in 2016.

A rise in financial 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. Shares in banks HSBC, Intesa Sanpaolo and Santander rose between 1 and 2.5 percent.   Continuación...