European shares edged higher on Friday, set for the best weekly gain in two months, as sentiment was boosted by China stimulus bets.
The Stoxx 600 Index was 0.4% higher as of 9:30 a.m. in London, with consumer products and travel stocks outperforming. The benchmark is 1.4% up in the week. Tesco Plc shares dropped even as sales at Britain’s biggest supermarket rose 9% in the first quarter, while Travis Perkins Plc slumped after warning that full-year profit will be hurt by lower volumes.
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