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European shares turn positive; telecoms gain
October 13, 2009 / 7:37 AM / 8 years ago

European shares turn positive; telecoms gain

LONDON, Oct 13 (Reuters) - European shares turned positive on Tuesday morning, with gains for telecoms offsetting falls in banks. At 0731 GMT, the FTSEurofirst 300 .FTEU3 index of top European shares was up 0.1 percent at 1,005.83 points, and had gone as high as 1,006.16. Banks were the biggest drag on the index. Banco Santander (SAN.MC), Barclays (BARC.L), Credit Suisse CSGN.VX, Deutsche Bank (DBKGn.DE), and Societe Generale (SOGN.PA) fell between 0.4 and 1.4 percent.

Telecoms network operator Vodafone (VOD.L) and handset maker Nokia NOK1V.HE rose 0.4 and 0.9 percent respectively. (Reporting by Brian Gorman)

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