STOCKS NEWS EUROPE-Shares extend winning run; H&M drops

European shares advance for the fourth straight session, with commodity stocks leading the gainers as raw material prices benefit from a weaker U.S. dollar, but retailer H&M (HMb.ST) falls after weak October sales.

By 0819 GMT, the FTSEurofirst 300 .FTEU3 index of top European shares is up 0.6 percent at 1,025.18 points, after closing 0.4 percent higher on Friday to hit a three-week closing for the second day in a row.

BHP Billiton (BLT.L), Rio Tinto (RIO.L), Anglo American (AAL.L), Xstrata (XTA.L) and Randgold Resources (RRS.L) are up 2.4-4.4 percent.

H&M (HMb.ST) drops 3.4 percent after posting an unexpected 3 percent drop in sales at established stores in October, blaming the economic conditions in some of its major markets.

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