The Stoxx Europe 600 Index was little changed at 11:55 a.m. in London, following a six-day losing streak. Utilities and drugmakers rose, while miners and technology stocks were the biggest decliners among sectors.
Tech stocks slipped as China looked to expand a ban on the use of Apple’s iPhones to government-backed agencies and state companies. Among single stocks, Direct Line Insurance Group Plc soared after the insurer agreed to sell its brokered commercial insurance business lines to RSA, while Smurfit Kappa Group Plc fell after confirming that it was in talks with WestRock Co. to merge.
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