INSUBCONTINENT EXCLUSIVE:
LONDON, Sept 26 - European shares broadly held their ground on Wednesday morning following limited gains on Asian stock markets ahead of a
widely expected rate hike by the Federal Reserve in the United States.
The pan-European STOXX 600 was down 0.03 percent by 0717 GMT after
rising during the previous session with energy stocks buoyed by Brent crude prices at four-year highs.
The top gainer on the STOXX was
France's Bouygues after the stock was upgraded to overweight by JP Morgan.
A rating cut by Barclays prompted the worst lost of the index
with Belgium's Telenet down 4.6 percent.
In the banking sector, Deutsche Bank lost 1.4 percent after a report said it has looked at a
theoretical scenario of merging with UBS
The Swiss bank lost 1.5 percent.
