London - European equity indexes staged a modest rebound on Wednesday, after slumping the previous day on
low oil prices and financial strains in China and Greece.
The market was helped by strong outlook updates from firms including industrial equipment hire company Ashtead and travel group TUI AG.
Britain's Ashtead rallied 6.7% after raising its full-year earnings guidance and posting a 33% rise in first-half profit.
TUI was up 2% after saying its target of €1bn in core profit was coming into reach in the current year as it reported its final set of results ahead of its merger with TUI Travel.
The pan-European FTSEurofirst 300 index was up 0.5% at 1 370.01 points after falling 2.3% on the previous day.
London's
benchmark FTSE 100 index climbed 0.16% to 6 539.73 points,
Frankfurt's DAX 30 gained 0.67% to 9 859.78 points and the CAC 40
in Paris rose 0.38% to 4 280.34 compared with Tuesday's close.