European stocks traded lower on Friday, just off record levels as investors waited for a monthly U.S. jobs report and absorbed fresh data from the single currency region ahead of next week’s European Central Bank meeting.
Elsewhere, data showed eurozone retail sales falling in July after rising the previous two months as economic reopening effects faded and consumers began to spend more on services. “In our view, the investment case for Ashmore today is little changed — there is still significant potential to outperform in the coming years, with improving longer-term investment performance a critical support,” said Stuart Duncan and Robert Sage, analysts at Peel Hunt, who rate Ashmore a buy.
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