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REFILE-Europe shares close higher in subdued trade

Mon May 25, 2009 10:39pm IST
 
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(Refiles to clarify source of final quote)

* FTSEurofirst 300 closes 0.2 pct higher

* Sanofi Aventis rises after U.S. contract

* Porsche falls 3.1 pct, receives loan

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

By Brian Gorman

LONDON, May 25 (Reuters) - European shares rose on Monday with Sanofi Aventis leading pharmaceuticals higher after winning a U.S. contract, and some analysts choosing to interpret a leading German economic survey positively.

But trade was thin with UK markets closed for a holiday.

The FTSEurofirst 300 index of top European shares rose 0.2 percent to 857.71 points, after two days of losses.  Continued...

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