European shares rise

Comment on this story
EU Flag

European stocks extended their gains on Tuesday afternoon, with Spanish stocks trimming their heavy losses, on mounting hopes of fresh action by the European Central Bank to help ailing euro zone banks, traders said.

At 15:23 SA time, the FTSEurofirst 300 index of top European shares was up 0.7 percent at 990.49 points, with banking stocks such as Credit Agricole and Banco Santander trimming their losses.

ECB officials declined to comment on the market talk. - Reuters

sign up

Comment Guidelines

  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

  5. Verified email addresses: All users on Independent Media news sites are now required to have a verified email address before being allowed to comment on articles. You are only required to verify your email address once to have full access to commenting on articles. For more information please read our comment guidelines