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Europe: Defensive stocks help close higher as focus turns to US stimulus

  • 📰 BusinessTimes
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[BENGALURU] European shares closed modestly higher on Tuesday, as investors assessed a batch of mixed earnings reports while holding out for more US stimulus to limit the economic damage of Covid-19. Read more at The Business Times.

Gucci owner Kering and France's Hermes slipped over 2 per cent, while Moncler, which makes luxury puffer jackets, shed 4.4 per cent after reporting a first-half operating loss for the first time in its history.

But with much of the decline priced in, European stocks are on course to end July with gains, supported by a European Union deal to jointly issue bonds to combat the economic fallout of the pandemic and hopes of a Covid-19 vaccine.

 

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हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 15. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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