Europe's STOXX 600 index modestly gains, driven by defensive sectors amid China stimulus uncertainties.

Europe's STOXX 600 index has seen modest gains, bolstered by defensive sectors like utilities, healthcare, and real estate amid uncertainties surrounding China's stimulus plans. While mining and luxury sectors linked to China have faced challenges, companies like Continental and Varta reported positive outcomes, with Varta rising 27% after Porsche's investment. Conversely, Rio Tinto's shares dipped 0.7% following its lithium acquisition.

October 09, 2024
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