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European shares recover at end of worst week in six months



European shares rose slightly in early deals on Friday, timidly recovering from heavy losses suffered earlier this week after U.S. political turmoil fuelled worries over U.S. President Donald Trump's stimulus plans, denting risk appetite.

The pan-European STOXX 600 index rose 0.3 per cent by 0725 GMT, but was down 1.5 per cent on the week, its biggest weekly loss since early November.

Britain's FTSE was up 0.4 per cent and euro zone blue chips added 0.3 per cent.

With 80 per cent of European companies having reported so far, 65 per cent of them have beaten expectations and 8 per cent have met them, according to I/B/E/S data.


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