Thursday , 19 October 2017

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European shares slip as luxury goods stocks fall

Shares in Europe fell on Tuesday, led by luxury goods after France’s LVMH reported first quarter sales below forecasts.

The pan-European FTSEurofirst 300 index fell 0.2%.

LVMH plummeted 3.2% after its business update, dragging down the shares of its rivals, with Burberry dropped 1.8%, while Kering also fell 2%.

The material has been provided by InstaForex Company – www.instaforex.com

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European shares slip as luxury goods stocks fall Reviewed by on . Shares in Europe fell on Tuesday, led by luxury goods after France's LVMH reported first quarter sales below forecasts. The pan-European FTSEurofirst 300 index Shares in Europe fell on Tuesday, led by luxury goods after France's LVMH reported first quarter sales below forecasts. The pan-European FTSEurofirst 300 index Rating:
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