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European shares tick higher as Britons head to polls

Published 12/12/2019, 09:17
Updated 12/12/2019, 09:18
© Reuters.  European shares tick higher as Britons head to polls
UK100
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ABI
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STOXX
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2502
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(For a live blog on European stocks, type LIVE/ in an Eikon

news window)

Dec 12 (Reuters) - European shares rose slightly on Thursday

as investors awaited the outcome of a general election in

Britain that will decide the fate of Brexit, as well as a policy

meeting by the European Central Bank (ECB).

While all major opinion polls suggest the ruling

Conservative Party will win Thursday's election, allowing them

to pass a withdrawal deal and end 3-1/2-years of uncertainty,

their lead seems to have narrowed recently. Attention will also be on the remarks made by the newly

appointed ECB chief Christine Lagarde on the future of stimulus

and policy review as the current policy is expected to stay

unchanged.

The FTSE 100 .FTSE index comprising

internationally-focused firms gained 0.2%, shrugging off the

impact from a firmer sterling. The pan-European STOXX 600

.STOXX index rose 0.1% at 0806 GMT.

Shares of Anheuser-Busch InBev ABI.BR fell marginally

after Australia's competition regulator raised concerns over the

brewer's $11 billion deal to sell its local operations to

Japan's Asahi 2502.T .

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