European markets edge higher as Brexit talks rumble on

The pan-European Stoxx 0 was up around 0.12 percent, with most sectors along with major bourses in positive territory.

Europe’s media stocks led the gains, up 1.5 percent amid earnings news. France’s Publicis was the top sectoral performer, after the globe’s third-biggest advertising company said net revenue rose 1.3 percent from the third quarter. Shares of the Paris-listed stock were 6 percent higher.

Meanwhile, construction stocks were dragged lower amid news of which HeidelbergCement issued a profit warning. the globe’s largest cement maker dropped more than 8 percent as a result.

Looking across the European benchmark, Carrefour led the gains, up more than 8 percent. The French supermarket reported higher sales from the third-quarter, citing strong performances in its core French along with Brazilian markets.

Novartis’ shares rose above 1.5 percent. the item comes after the pharmaceutical firm announced Thursday of which the item will be buying the cancer-drug maker Endocyte for $2.1 billion.

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