European stocks mostly rose on Thursday, with the exception of U.K. equities as multinationals suffered from the continued run-up in the British pound.<\/p>\n
The Stoxx Europe 600
The German DAX
However, the U.K. FTSE 100
Of stocks in the spotlight, shares in Italian jacket maker Moncler
An analyst at ING said a buyout price could be 13 billion euros ($14.4 billion). Analysts at Morgan Stanley, who say Moncler could fetch 12.25 billion euros, said the Italian group would be a \u201cplug-and-play\u201d acquisition for Kering and a way for the French company to reduce its dependence on the Gucci brand.<\/p>\n M&G shares
\t\t\t\t<\/p><\/div>\n [ad_2] [ad_1] European stocks mostly rose on Thursday, with the exception of U.K. equities as multinationals suffered from the continued run-up in the British pound. The Stoxx Europe 600
SXXP, +0.31%
\u00a0increased 0.29% […]<\/p>\n","protected":false},"author":348,"featured_media":1591,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-1590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured"],"_links":{"self":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/1590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/users\/348"}],"replies":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/comments?post=1590"}],"version-history":[{"count":0,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/1590\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media\/1591"}],"wp:attachment":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media?parent=1590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/categories?post=1590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/tags?post=1590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\n SXXP, +0.31%<\/span><\/a><\/span>
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\n \u00a0increased 0.29% to 404.37.<\/p>\n
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\n DAX, +0.03%<\/span><\/a><\/span>
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\n \u00a0and French CAC 40
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\n PX1, +0.49%<\/span><\/a><\/span>
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\n \u00a0also rose. U.S. stock futures
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\n ES00, +0.22%<\/span><\/a><\/span>
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\n \u00a0also gained ground.<\/p>\n
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\n UKX, -0.08%<\/span><\/a><\/span>
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\n \u00a0declined 0.09% to 7182.28. The rise in the British pound
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\n GBPUSD, +0.1755%<\/span><\/a><\/span>,
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\n on the expectation that the Conservatives will secure a majority in Parliament after the December 12 general election, is weighing on U.K.-based multinationals such as AstraZeneca
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\n AZN, -0.21%<\/span><\/a><\/span>
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\n \u00a0 that earn most of their revenue outside the country. AstraZeneca\u2019s U.K.-listed shares fell 0.5%.<\/p>\n
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\n MONC, +9.63%<\/span><\/a><\/span>
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\n \u00a0surged after Bloomberg reported Kering, the French luxury brands owner, has held exploratory talks on buying it. Kering
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\n KER, +1.26%<\/span><\/a><\/span>
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\n \u00a0shares rose 1.7%. Neither company commented. <\/p>\n
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\n MNG, -3.74%<\/span><\/a><\/span>
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\n \u00a0dropped for a second day, losing 3%, after the fund manager on Wednesday suspended redemptions from its flagship property fund<\/a>.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"