European shares close at five-week high helped by Carrefour
(Adds details, closing prices)
* Pan-European FTSEurofirst 300 index up 0.7 pct
* Carrefour rises as results show Europe improvement
* Hugo Boss shares fall over 10 pct on poor outlook
* Spanish index outperforms on strong banks
By Danilo Masoni and Atul Prakash
MILAN/LONDON, Oct 16 (Reuters) - European shares closed on Friday at their highest level in five weeks, helped by expectations monetary policy will remain accommodative, with French retailer Carrefour leading the advance on good quarterly results.
The pan-European FTSEurofirst 300 index rose 0.7 percent at 1,435.1 points, managing to end a volatile week with a slight gain. The index rose 4.4 percent last week.
The advance came as Wall Street edged higher and after strong gains in Asia with economic data easing concerns about the pace of recovery in the United States. Continuación...