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The Economic Times

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European shares subdued as luxury stocks, miners weigh

European stock markets ended the week flat. Luxury and mining stocks saw declines. Geopolitical tensions eased, impacting commodity-linked shares. Defence stocks provided some support. Novo Nordisk shares surged on positive news about its weight-loss pill. Investors are navigating a busy earnings season amidst global uncertainties.

17 Jan 2026 11:05 am