STOCKS NEWS EUROPE-UBS rebound from Q3 outflows hit

Shares in Swiss bank UBS (UBSN.VX) recover some of the ground lost after third-quarter results the previous day, with analysts saying its turnaround continues despite asset outflows.

The stock gains 3.8 percent in Zurich, outperforming a 2.3 percent rise in the DJ STOXX European banks index .SX7P.

"The underlying recovery is still on track," say Credit Suisse analysts Daniel Davies and Rupak Ghose. "The operating divisions performed in line with our expectations and the corporate centre was significantly better." For more double click on [ID:nL2713325]

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