Reuters, MILAN and LONDONEuropean shares ended Friday in positive territory after a choppy session, posting a slim weekly gain as investors digested a flurry of company results that included disappointing updates from Royal Bank of Scotland PLC (RBS) and Valeo SA. “The STOXX is on course to end the week flat as markets stabilize and volatility calms,” IG Markets Ltd chief market analyst Chris Beauchamp said just before the close. French auto parts maker Valeo slumped 11 percent to a six-month low, making it the biggest loser on the STOXX 600. Its second-half profit fell on adverse exchange rates and raw materials prices, prompting UBS to cut its price target on the stock. Another source said Telecom Italia could ditch a proposed joint-venture with Canal+, the pay-TV arm of its top shareholder, French media group Vivendi SA.

Source: Taipei Times February 24, 2018 15:56 UTC