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European luxury goods concept stocks saw the largest weekly increase since 2012.
On Friday, September 27, the STOXX 600 index's personal and household goods index closed up by 1.77%, rising for the fifth consecutive trading day, with a total surge of 9.38% for the week. Data shows that among the components, Moncler rose by 10.91% on Friday, Burberry rose by 6.96%, Kering Group rose by 6.34%, Ubisoft Entertainment rose by 5.94%, Hugo Boss rose by 5.45%, ranking fifth in performance, LVMH Group rose by 3.67%, ranking ninth in terms of increase, while L'Oreal fell by 0.66% - posting the largest decline among the three components that fell. In the "Eleven Apostles of European Stocks," Novo-Nordisk fell by 4.59%, and L'Oreal fell...
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