European shares muted as luxury firms fall
Fri, Nov 8, 2024 3:04 PM

European shares muted as luxury firms fall

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European shares were subdued at the open on Friday on the back of mixed earnings results, while heavyweight luxury firms fell after Richemont's results failed to impress. The pan-European STOXX 600 held firm at 509.9 points as of 0817 GMT, with healthcare leading subsector gains with a 1.1% rise, while basic resources lagged with a 2.4% fall.

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