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European Stocks Hit 1-Week High

European stocks closed mixed at the end of the day’s trading, amid increasing indications of a slowdown in European economic activity.

The pan-European Stoxx 600 index rose 0.4 percent at the close, after rising 0.8 percent earlier in the session, hitting a one-week high.

Today, economic data showed that consumer confidence in the eurozone declined by 0.9 points in August compared to last July, as consumer confidence fell to -16 this month from -15.1 last month.

Source: Qatar News Agency

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