Philips and Vestas Wind lead European shares higher

lunes 30 de junio de 2014 04:04 GYT

* FTSEurofirst 300 up 0.3 pct, Euro STOXX 50 up 0.4 pct

* Philips rises on spin-off hopes

* Euro zone inflation figures eyed

By Blaise Robinson

PARIS, June 30 (Reuters) - European shares inched higher on Monday in the last session of the quarter, as investors bet that a raft of U.S. and European macroeconomic data this week will soothe worries over the pace of economic growth.

Among standout gainers, shares in Dutch conglomerate Philips gained 3.5 percent after saying it will merge its Lumileds LED components and automotive lighting divisions into a standalone subsidiary which could potentially be spun off.

Elsewhere, shares in Danish wind turbine manufacturer Vestas Wind Systems surged 5.4 percent after the firm said it has won two big U.S. turbine orders.

By 0746 GMT, the FTSEurofirst 300 index of top European shares was up 0.3 percent at 1,374.60 points, clawing back some of its 1.7 percent loss last week.

The euro zone's blue-chip Euro STOXX 50 index gained 0.4 percent to 3,241.65 points, bouncing off a support level tested last week, the index's 50-day moving average.   Continuación...