[LONDON] European shares rose to a five-month high on Thursday, boosted by strength in the banking sector after Britain's parliament voted to reject a disorderly Brexit.
Among the fallers, Lufthansa posted the worst performance after reporting an 11 per cent decline in fourth-quarter operating profits. Its shares fell 6.3 per cent. Italy's top insurer, Assicurazioni Generali, rose 1.2 per cent as it raised its dividend for 2018 after beating its business plan targets."The European bank index is responding positively to the turn in the European surprise index," said Russell Quelch, financials specialist sales at Redburn.
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