European shares rise led by miners, banks; Burberry slumps



(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) Adds details, updates prices)
* STOXX Europe 600 index up 1.5 pct
* Basic Resources biggest sectoral gainer
* Banks rise after Bank of America upgrade
* Burberry slumps after update
By Danilo Masoni and Atul Prakash
MILAN/LONDON, Oct 18 European shares bounced back on Tuesday, with mining stocks and banks leading the way, while Burberry slumped following its earnings update.
The pan-European STOXX 600 index rose 1.5 percent to its highest... read more

 
18 October 2016 in World News, Views: 43
Source: Reuters
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