UPDATE 2-Lagarde ECB pick triggers euro-zone share rally as investors seek yield <!-- no image --> <div>* Defensive sectors outperform European markets (Adds details throughout, updates prices)<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=o2nUokjce18:FKv6qSSO-30:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=o2nUokjce18:FKv6qSSO-30:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=o2nUokjce18:FKv6qSSO-30:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=o2nUokjce18:FKv6qSSO-30:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=o2nUokjce18:FKv6qSSO-30:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/o2nUokjce18" height="1" width="1" alt=""></div> Posted by Reuters