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European markets higher ahead of data and OPEC meeting; Moncler up 11%

Thursday, 5 December 2019 15:41 WIB Stoxx 600 Indeks Stoxx Europe 600 SahamEropa

European stocks moved higher Thursday morning as investors monitored U.S.-China trade, data releases and an OPEC meeting. The pan-European Stoxx 600 was 0.3% higher with most sectors trading in the black. Household goods was among the top-performing sectors on reports that Kering is considering buying the Italian brand Moncler. Shares of the latter rose 11% in early deals. Overall, investors are closely monitoring trade talks between China and the U.S. amid mixed signals about their progress. According to a Bloomberg report, citing people familiar with the talks, the two economies are moving closer on their first-phase deal. However, President Donald Trump has said that he could decide...

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