European shares increase on Bank earning, Chinese report

Source: Bloomberg
© Scanpix\Reuters
European shares jumped for the fourth day as banks inched up on better-than-expected earnings at Societe Generale and Lloyds Banking Group Plc while China's manufacturing report fueled mining companies. The Stoxx Europe 600 Index added 0.8% to 302.09. Societe Generale rose 7.7% and Lloyds jumped to the highest level since October 2010. 

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