European shares extend last week's rally

Reuters - UK Focus

PARIS, June 9 (Reuters) - European shares inched higher atthe open on Monday, building on last week's rally and trackinggains on Wall Street and in Asia in the wake of reassuring data.

Trading volumes were expected to be thin on Monday in Europedue to a public holiday in a number of countries includingGermany and France, but equity markets will be open across theregion, apart from a few countries including Switzerland,Austria and Greece.

At 0703 GMT, the FTSEurofirst 300 index of topEuropean shares was up 0.1 percent at 1,389.91 points.

Shares in France's Gecina (Paris: FR0010040865 - news) dropped 4 percent afterSpanish builder Metrovacesa said it agreed to sell its 27percent stake in the firm at a discount.

(Reporting by Blaise Robinson; Editing by Francesco Canepa)

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