Europe: Shares little changed
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[FRANKFURT] European shares kicked off the session in a muted fashion amid worries over developments at the border between Ukraine and Russia, although some upbeat earnings updates from heavyweights like Kering and Reckitt provided support.
As a result, the pan-regional Stoxx 600 equity benchmark index saw choppy trading around parity in early deals and was last just flat on the day.
Not all earnings updates however pleased investors, and there were some weak spots such as Sinch and Standard Chartered which fell 9 per cent and 3 per cent respectively. Nestle was little changed after a lower opening as the food giant said it would defend its margins against cost pressures this year. REUTERS
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