European shares redound in the final hour of trading

European stock trading witnessed dramatic final hours in the final session in the month, with indices that earlier fell 0.5% and 0.75% rebounding to close higher in a surge of last-minute buying.

-  Stoxx      600   advanced 0.28 percent or 0.73 points to   342.00 , erasing a decline of as much as 0.4% in the final 30 minutes of trading.

The benchmark fell 0.7% yesterday as evidence by NATO showed Russian troops have made in incursion into Eastern Ukraine.

Even though, the pan-European benchmark notched a 1.5% weekly gain and a 1.8% monthly gain.

The volume of shares changing hands in Stoxx 600-listed companies was 4.2 percent greater than the average of the last 30 days, according to data compiled by Bloomberg.

-  Stoxx 50   advanced 0.26% or 8.19 points to 3172.63

Shares also found some support on speculation whether weak inflation could trigger faster easing policies from the European Central bank.

The euro zone`s annual rate of inflation fell to 0.3% in August from 0.4% in July. That is a far cry from the European Central Bank`s medium-term target of inflation just under 2%.

The continued decline in inflation has added to expectations that the ECB will be forced to take more aggressive action to boost the region`s economic recovery.

-The British  FTSE 100   advanced 0.20% or 13.95 points to  6819.75

-The French  CAC 40   advanced 0.34% or 15.00 points to  4381.04

-Frankfurt’s  DAX 30   advanced 0.08% or 7.61 points to  9470.17