Recovery in banks lifts European shares



(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)
Oct 6 European shares opened higher on Thursday with the beaten down banking sector providing the biggest boost while reports of takeover sent Osram to a record high.
The STOXX 600 index rose 0.3 percent, rebounding from a fall in the previous session when worries that the European Central Bank might wind down the pace of bond-buying before the end of its asset purchase programme hit both shares and bonds.
European banking stocks extended... read more

 
6 October 2016 in World News, Views: 37
Source: Reuters
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