European
stocks were little changed, with the Stoxx Europe 600 Index posting its
biggest weekly gain in five weeks, as consumer confidence increased
more than forecast, while derivatives contracts expired.
Rio
Tinto Group rose 1.6 percent as copper rebounded. Commerzbank AG
climbed 2.5 percent as Morgan Stanley upgraded its rating on the German
lender. Havas SA lost 1.8 percent after posting 2013 profit that fell
short of analysts™ estimates. Remy Cointreau SA retreated the most since
November as UBS predicted China™s anti-extravagance measures will
continue to cut into the cognac-maker™s profit.
The
Stoxx 600 gained 0.1 percent to 327.91 at the close of trading. The
index has advanced 1.8 percent this week, paring its loss this year to
0.1 percent, as President Vladimir Putin said he wasn™t seeking to split
up Ukraine after Crimea voted to join Russia.
Copy Source : Bloomberg
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