STOXX Europe 600 hits highest level since mid-2008

PARIS, March 5 Tue Mar 5, 2013 8:51am GMT

PARIS, March 5 (Reuters) - The broad STOXX Europe 600 benchmark share index hit its highest level since mid-2008 on Tuesday, led by a sharp rally in European banking stocks.

At 0840 GMT, the index was up 1.14 percent at 292.22. It has gained 40 percent since a floor hit in September 2011.

The STOXX Europe 600 Banking Index was among the top gaining sectors, up 1.8 percent, buoyed by gains for Standard Chartered after it posted results.