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Home International Markets

European shares bounce back, up by 0.8pc

byCustoms Today Report
05/11/2014
in International Markets
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NEW YORK: European shares rose on Wednesday recovering most of the previous session’s losses.
British retailer Marks & Spencer climbed 7 percent after reporting forecast-beating results.
Shares in Lundin Petroleum surged 4.5 percent after the Swedish oil and gas producer posted third-quarter earnings above expectations. At 0809 GMT, the FTS Eurofirst 300 index of top European shares was up 0.8 percent at 1,337.16 points, after falling 1 percent on Tuesday.

Tags: European sharesGMTIndexLundin PetroleumMarks & Spencer

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