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4 months ago
REFILE-European shares' rise led by commodity stocks, Imagination slumps
April 3, 2017 / 7:23 AM / 4 months ago

REFILE-European shares' rise led by commodity stocks, Imagination slumps

1 Min Read

(Corrects spelling of Imagination)

MILAN, April 3 (Reuters) - European shares rose on Monday in broad-based gains led by stronger commodity stocks, while British firm Imagination Tech slumped 70 percent after losing its major customer, Apple.

The pan-European STOXX 600 index was up 0.3 percent, while Britain's FTSE added 0.2 percent.

Europe's basic resources index rose 1.1 percent, leading sectoral gainers, as copper prices inched higher, while gains in oil prices help lift the oil and gas index 0.7 percent.

Banks were the biggest sectoral loser, down 0.4 percent. (Reporting by Danilo Masoni; Editing by Louise Ireland)

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