AlHijjah 16, 1436, September 30, 2015, SPA -- European shares rose on Wednesday after a two-day losing streak, with automakers boosted by a Chinese tax cut on small cars while miner Glencore rallied after saying it had no solvency issues, Reuters reported. However, European equities still faced their poorest quarterly performance since the worst of the euro zone crisis in 2011, with stock markets having steadily lost ground on signs of a slowdown in China, the world's second-biggest economy. The pan-European FTSEurofirst 300 index was up 1.6 percent while euro zone's blue-chip Euro STOXX 50 index advanced 1.8 percent, although the FTSEurofirst is down nearly 10 percent so far this quarter.
