European shares touch three-month high as Sodexo soars
* FTSEurofirst 300 index touches 3-month high
* Sodexo rallies after solid update and buyback
* Greek bank stocks slide on capital raising plans
By Danilo Masoni
MILAN, Nov 19 (Reuters) - European shares touched three-month highs on Thursday, helped by food and facilities group Sodexo rallying after a solid update and a share buyback announcement.
The market was also buoyed by indications from the U.S. Federal Reserve late on Wednesday that the U.S. economy was strong enough to cope with an interest rate hike, which many expect it to decide on in December.
Expectations of more monetary support from the European Central Bank (ECB) next month also propped up stock markets.
"Sentiment is positive thanks to signs of solid economic growth, with the U.S. economy nearing full employment," said Alessandro Allegri, Ambrosetti Asset Management CEO. Continuación...