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Europen shares end higher

Wednesday, 26 November 2014


European stocks ended slightly higher on Tuesday as euro zone banking shares climbed on mounting expectation of more stimulus from the European Central Bank. BHP Billiton lost 1.7 per cent, BP fell 1.1 per cent and Total dipped 1.6 per cent. The FTSEurofirst 300 index of top European shares ended 0.2 per cent higher at 1,388.87 points, after rising as far as 1,395.34 earlier in the session. The benchmark index has surged nearly 15 per cent. Shares in Deutsche Bank, ING and BNP Paribas rose 1.4-1.9 per cent on Tuesday. Britain's FTSE 100 index ended 0.02 per cent higher, Germany's DAX index rose 0.8 per cent and France's CAC 40 added 0.3 per cent. Shares in E.ON gained 3.1 per cent. Shares in Spain's Telefonica rose 0.8 per cent and BT added 0.4 per cent, according to Reuters.