Compagnie Financière Richemont SA (0QMU.IL)

Luxury goods, mining gains help European shares regain lost ground

(Reuters) -European shares ended higher on Wednesday as positive earnings from the luxury goods sector and strong commodity prices helped investors momentarily look past concerns over rising interest rates. The pan-European STOXX 600 index ended 0.2% up after falling 1% in the prior session. Mining stocks were the best performers for the day, up 2.7% as iron ore prices surged on signs of more stimulus in major importer China.