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EUROPEAN SHARES REBOUND

A return to form by Europe’s banks helped the continent’s shares recover on Friday with data pointing to potentially stronger global growth driving demand for equities. The FTSEurofirst 300 closed up 13,82 points, or 1,2%, at 1 162,10. A narrowing trade deficit in the US and data overnight showing growing demand for Chinese exports nurtured hope that the global economy will strengthen.

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