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European shares rise

January 29, 2014

! LONDON , Rabi'I 27, 1435, Jan 28, 2014 , SPA -- European shares bounced back from near one-month lows on Tuesday, helped by a rise in Siemens after the German engineer posted higher first quarter profits, Reuters reported. But concerns about a sell-off in emerging markets lingered. The pan-European FTSEurofirst 300 index, which had fallen for the last three sessions to its lowest level in more than a month, bounced 0.5 percent to 1,296.35 points in early session trading. The euro zone's blue-chip Euro STOXX 50 index advanced 0.6 percent to 3,032.46 points. A 1.2 percent rise in Siemens added the most points to the FTSEurofirst 300. --SPA 14:25 LOCAL TIME 11:25 GMT All Rights Reversed for Saudi Press Agency Provided by Syndigate.info , an Albawaba.com company


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Source: Saudi Press Agency (Saudi Arabia)


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