BARCELONA/LONDON, May 3 (Reuters) - Spanish beauty group Puig saw its shares jump by around 6% in its trading debut on Friday, in a boost to Europe's market for initial public offerings.

Shares opened at 25.68 euros ($27.59) and were last trading at 26.4 euros, up from their issue price of 24.5 euros.

Earlier this week, the company that owns Rabanne and Carolina Herrera perfumes priced Spain's largest IPO in almost a decade at the top of its targeted valuation range, giving it a market capitalisation of almost 14 billion euros.

The IPO of family-owned Puig is the latest of string of European listings this year, on the back of higher stock prices and improving market sentiment.

($1 = 0.9309 euros) (Reporting by Joan Faus, Pablo Mayo Cerqueiro and Corina Pons, editing by Andrei Khalip)