European Closes: Euro Stoxx 50 -0.76% at 6,236, Dax 40 -0.35% at 24,828, FTSE 100 +0.27% at 10,600, CAC 40 -0.47% at 8,339, FTSE MIB -0.94% at 51,882, IBEX 35 -0.45% at 19,217, PSI +0.27% at 9,062, SMI +0.44% at 14,330, AEX -0.94% at 1,092
Newsquawk Staff ·
European Closes: Euro Stoxx 50 -0.76% at 6,236, Dax 40 -0.35% at 24,828, FTSE 100 +0.27% at 10,600, CAC 40 -0.47% at 8,339, FTSE MIB -0.94% at 51,882, IBEX 35 -0.45% at 19,217, PSI +0.27% at 9,062, SMI +0.44% at 14,330, AEX -0.94% at 1,092.
- L'Oreal (OR FP) CEO says China market slowed a tiny bit in Q3 but maintained growth rate, favoured by dynamic premium segment
- Kering (KER FP) says traffic remains the main constraint; fashion and leather goods retail sales fell 4% comp., a sequential slowdown reflecting a more challenging environment, less support from Gucci and lower summer traffic, especially in mainland China
- Infineum is exploring a USD 8bln sale, the FT reports
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