Stock Market Live Updates: European shares set to end week higher after ECB's dovish hike

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European shares extended their rally on Friday, on track to end their week higher, following a sharp jump in the previous session after the European Central Bank (ECB) signalled an end to its rate hike cycle.

STOXX 600 rose 0.9%, supported by gains in China-exposed luxury stocks after better-than-expected economic data in the world's second-largest economy.

France's Kering and LVMH gained 2.7% each.

The pan-European STOXX 600 index notched its biggest percentage gain in six months on Thursday following the ECB's 25-basis point (bps) hike, its 10th and likely final hike in a 14-month-long fight against inflation.

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