European shares rose on Monday after a positive session in Asia, with gains in miners underpinning the market and investors shrugging off worries about Britain's potential exit from the European Union, Reuters reported. By 0926 GMT, the pan-European FTSEurofirst 300 index was up 1.3 percent at 1,301.37 points, while Britain's FTSE 100 was up by a similar amount. Despite gains on Monday and last week, the index remains down nearly 10 percent since the start of 2016, due to concerns about a slowdown in the global economy which also affected results at HSBC. Shares in Europe's biggest bank fell 3.9 percent after it reported a surprise pre-tax loss of $858 million and predicted a 'bumpier' financial environment ahead. Miners were the top sectoral gainer, up 3.4 percent, after copper rose to its highest level in more than two weeks as an uptick in China's beleaguered steel industry raised hopes for a revival in metals demand.
