LONDON, Dec 23 (Reuters): European shares edged higher on Monday,
extending Friday's gain as investors focused on the brightening
prospects for US growth now the US Federal Reserve has started slowing
its unprecedented stimulus.
Trade this week is set to be light, with major European markets shut on Wednesday and Thursday for Christmas.
Better-than-expected GDP data from the United States supported gains on the pan-European FTSEurofirst 300 on Friday, which closed up 0.5 per cent at 1,287.61 points.
"As we head into the holiday period it looks likely that equity markets will continue in a positive frame of mind and edge higher against a background of positive macro data," Darren Sinden, trader at Titan Investment Partners, said.
Trade this week is set to be light, with major European markets shut on Wednesday and Thursday for Christmas.
Better-than-expected GDP data from the United States supported gains on the pan-European FTSEurofirst 300 on Friday, which closed up 0.5 per cent at 1,287.61 points.
"As we head into the holiday period it looks likely that equity markets will continue in a positive frame of mind and edge higher against a background of positive macro data," Darren Sinden, trader at Titan Investment Partners, said.
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