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European shares extend gains; banks, miners help

Wed Nov 4, 2009 3:59am EST

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LONDON, Nov 4 (Reuters) - European shares extended gains in early trading on Wednesday, with miners gaining ground following a rise in metals prices and Societe Generale (SOGN.PA) rising after financial results.

At 0852 GMT, the FTSEurofirst 300 .FTEU3 index of top European shares was up 1 percent at 978.59 points after falling 1.2 percent to a one-month closing low on Tuesday.

Banks rebounded, after steep losses on Tuesday. The DJ STOXX European banking index .SX7P gained 2.1 percent, while Standard Chartered (STAN.L), HSBC (HSBA.L), Barclays (BARC.L), Lloyds (LLOY.L), Royal Bank of Scotland (RBS.L) and Societe Generale (SOGN.PA) were up 1.3 to 4.7 percent.

Miners BHP Billiton (BLT.L), Anglo American (AAL.L), Antofagasta (ANTO.L), Rio Tinto (RIO.L), Xstrata (XTA.L) and Eurasian Natural Resources (ENRC.L) rose 1.5-2.8 percent. (Reporting by Atul Prakash)



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