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Banks lead European shares higher, eyes on job data

Fri Nov 6, 2009 5:18pm IST
 
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* FTSEurofirst 300 index up 0.2 pct

* Banks gain, boosted by Royal Bank of Scotland

* Lafarge, L'Oreal down

* For up-to-the-minute market news, click on [STXNEWS/EU]

By Christoph Steitz

FRANKFURT, Nov 6 (Reuters) - Banks led European stocks higher on Friday, following quarterly results from Royal Bank of Scotland (RBS.L: Quote, Profile, Research), while investors also awaited key U.S. employment figures later in the day.

At 1132 GMT, the FTSEurofirst 300 index of top European shares was up 0.2 percent at 992.35 points.

The European benchmark has gained almost 54 percent from its lifetime low in March and is up 19.3 percent so far this year.  Continued...

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