Share Market Live Updates: European stocks stabilise after seven-day selloff

 



European stocks edged higher on Friday, as investors snapped up battered luxury and technology shares after a plethora of concerns including the prospect of elevated U.S. interest rates and slowing European economy roiled sentiment this week.

The pan-European STOXX 600 index rose 0.3% after marking a seven-day losing run on Thursday, its longest such streak since February 2018.

French luxury giant LVMH added 0.7% after slumping earlier this week on concerns about sputtering economic growth in China.

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