BREAKING: European Shares End Flat; Miners, Rolls-Royce Lift FTSE 100 to Six-Month High

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BREAKING: European Shares End Flat; Miners, Rolls-Royce Lift FTSE 100 to Six-Month High

(Reuters) - European shares ended little changed on Thursday, as a surge in material stocks and Rolls-Royce helped counter downbeat business activity data from the region and Brexit trade deal uncertainty.

London’s FTSE 100 reversed losses to hit a six-month high, up 0.4%, with miners Rio Tinto, Glencore and Anglo American providing the biggest boosts on record iron ore prices and buoyant copper.

Rolls-Royce surged 16% to top London’s blue-chip index, as well as the pan-European STOXX 600 benchmark after a report said it was considering a possible re-entry into the narrow-body jetliner market.

Betting firm Flutter Entertainment was also among the top gainers on the STOXX 600 index, climbing 6%, after a $4.18 billion deal to increase its FanDuel holding to 95% and end Fastball’s involvement in online sports betting platform FOX Bet.

Ireland’s main ISEQ index jumped 2% to close at a near 11-month high.

Reprinted from Reuters. The copyright is reserved by the original author.

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