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The pan-European Stoxx 600 was slightly above the flatine despite a difficult fall on opening. Technology stocks returned to positive territory, up more than 1%. There had been concerns over the overvaluation of the sector that had led to significant declines on Wall Street overnight.
Nevertheless, media values were still down 2.6%. The sector was trained by WPP. The company reduced its outlook for the year and announced a sharp decline in its trading. Tank actions 16 percent.
In the European market, the German group Kion Group grew by 13% after publishing its third quarter results. Puma also rose nearly 8% after raising its forecast for the year.
UBS posted stronger-than-expected results on Thursday morning due to higher loan volumes as well as strong equity and foreign exchange growth. Shares were up 1.1%.
Bank SEB grew 3.5% after its third quarter results exceeded expectations for strong corporate lending. Lloyds Bank has also surprised investors with its latest results. The shares were slightly higher.
The ECB will also meet Thursday and will announce any policy changes at 12:45. London time.
Meanwhile, the dispute between Rome and Brussels over the budget next year continues. Italian Finance Minister Giovanni Tria said on Wednesday that he saw no reason to submit a new budget, after the European Commission said the plan was insufficient and that he wanted a new version in the three weeks.
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