European shares inch up

European shares inch up

الاربعاء 1437/6/14 هـ الموافق 2016/03/23 م واس

LONDON, Jumada II 14, 1437, March 23, 2016, SPA — European shares rose slightly on Wednesday after a dip in the previous session following deadly attacks in Brussels, with Credit Suisse stock climbing after news the banks was cutting costs further, Reuters reported.

The pan-European FTSEurofirst 300 index rose 0.4 percent to 1,343.06 points at 1131 GMT, while the euro zone’s blue-chip Euro STOXX 50 index advanced 0.5 percent.

Credit Suisse rose 1.7 percent after it announced 800 million Swiss francs in additional cost cuts and plans to shrink its investment bank further as it pushes ahead with a restructuring plan.

–SPA
16:02 LOCAL TIME 13:02 GMT