European
stocks halted a two-day gain amid disappointing earnings releases,
while Greek shares rallied after a report that the nation won access to
more emergency funding for its banks.
The
Stoxx Europe 600 Index slipped less than 0.1 percent to 408.99 at the
close of trading in London. It earlier rose as much as 0.6 percent and
fell 0.8 percent. Retailers declined 1.4 percent, falling the most among
19 industry groups.
The
Stoxx 600 climbed 1.4 percent in the past two days, closing within 1.2
percent of the record it reached earlier this month. It’s rallied 19
percent this year as the European Central Bank embarked on a
quantitative-easing program.
Greece’s
ASE rose after closing at its lowest level since 2012. Its banks jumped
13 percent, rebounding from a record low. Piraeus Bank SA and Eurobank
Ergasias SA rallied more than 21 percent.
Source : Bloomberg
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