Europe shares briefly turn positive; banks rebound

LONDON | Fri Nov 27, 2009 5:48am EST

LONDON Nov 27 (Reuters) - European shares briefly turned positive in morning trade on Friday as financial shares rebounded after losses earlier in the session.

By 1046 GMT, the pan-European FTSEurofirst 300 .FTEU3 index of top shares was down 0.1 percent at 987.04 points, having earlier been up as much as 988.89.

Banks added the most points to the index. Barclays (BARC.L), UBS (UBSN.VX), BNP Paribas (BNPP.PA), Credit Suisse (CSGN.VX) and Lloyds Banking Group (LLOY.L) were up 1.2 to 2.5 percent. (Reporting by Joanne Frearson) ((joanne.frearson@thomsonreuters.com; +44 207 542 2773, Reuters Messaging:joanne.frearson.thomsonreuters.com@reuters.net))

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