London-Sana
European shares rose today, extending gains after hitting a two-month low this week, as investors awaited US consumer price data for indications of an increase in inflation.
Reuters reported that the European Stoxx 600 index rose 0.4 percent, and the real estate sector was at the forefront of the emerging sectors this morning.
As for individual shares, Swedish Match shares jumped 9 percent after Philip Morris International, the manufacturer of Marlboro cigarettes, said it had recommended a cash offer for the company worth about 161.2 billion Swedish crowns, or 16 billion dollars.
Shares in French train maker Alstom rose 4.4 percent after the company announced that annual operating profit beat expectations.
Germany's Bayer shares fell 5.8 percent after the US administration asked the Supreme Court not to consider the agrochemical and pharmaceutical company's lawsuit to dismiss claims brought by clients who said the company's weed killer Roundup causes cancer.
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