rose European STOXX 600 index By 0.01 percent by 0720 GMT, as gains in the utilities and financial services sectors offset declines in travel and entertainment sector shares, as well as luxury goods companies.
And it fluctuated Asian stocks Between gains and losses after China pledged last Saturday a major fiscal stimulus to revive its faltering economy, but it left investors guessing about the total size of the stimulus package.
Shares of LVMH, Ermis, Kering and other companies fell Luxury goods French, which is affected by the situation in China by between one and three percent, according to Reuters data.
Shares of the two British betting companies, Flutter and Entin, fell 7.3 percent and 12.6 percent, respectively, after a media report stated that the British government was considering doubling taxes on gambling clubs and online bookmakers.
British luxury brand Mulberry’s shares jumped 16 percent after announcing that it was working with advisors to evaluate a takeover offer submitted by Frasers worth 111 million pounds ($145.1 million).
