European shares flat as KPN stocks advance

Source: Bloomberg
© Scanpix\Reuters

European shares remained steady as investors expected U.S. durable-good order report. The Stoxx Europe 600 Index increased less than 0.1% to 304.79, adding to signs the index has jumped 9% this year. Royal KPN NV inched up 2.4% as American Movil SAB shareholders agreed to sell its German company to Telefonica Deutschland Holding AG.

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