European stocks driven up insurance and mining

European shares rose on Tuesday by rising insurance after the European Union approved the recapitalization of Aegon, while the rebound in copper prices strengthened by lower reserves to mining.

At 1226 GMT, the pan-European index FTSEurofirst 300 was up 0.53 percent to 1051.14 points, after rising to 1054.92 units earlier in the session.
Shares in the Netherlands insurer Aegon rose 5.2 percent after announcing an agreement with the European Commission to reduce the fear of investors to a share issue to repay state aid received.

European Stocks

Investors remained cautious due to an irregular european business and the european stocks during the holiday period after low volumes and poor economic indicators in recent weeks.

"You can expect volatility in the short term. We need to establish a trend as in recent weeks we have seen how to move a step forward and one step back," said Richard Hunter, analyst at Hargreaves Lansdown Stockbrokers.
The German ZEW institute today announced a drop in confidence of analysts and investors in August to its lowest level since April 2009 in the european stock.