16.12.2015 - Commodities stocks help European equities to bounce back
European equities bounced back on Tuesday from sharp declines in the previous two sessions as energy stocks tracked higher crude oil prices and steel makers gained following a European Commission move on Chinese and Russian steel imports. The market was also supported by a rally in some French firms, but German chipmaker Dialog Semiconductor slumped 6 percent, dragging down peers such as ARM, after Dialog slashed its revenue guidance. The STOXX Europe 600 Oil and Gas index rose 3.4 percent, the top sectoral gainer in Europe, after oil rose following its lowest in nearly 11 years. BP, BG Group and Royal Dutch Shell rose 2 to 3.5 percent...............................................Full Article: Source
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