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Europe shares higher after 1st round of French vote -2-
UK general election eyed (Il Sole 24 Ore Radiocor) - Milan, 01 Jul - Investors now looked ahead to Britain's general election - scheduled for Thursday - which looks set to end 14 years in power for the Conservative Party as opinion polls give a large lead to Keir Starmer's opposition Labour Party over prime minister Rishi Sunak's Tories.
On the data front, in June the eurozone's purchasing managers' index (PMI) for the manufacturing sector fell to 45.8 from 47.3 in May, reaching a two-month low, according to figures released by S&P Global and Hamburg Commercial Bank. A reading above 50 signals expanding sector activity and a reading below 50 a contraction.
The manufacturing PMI output index declined to a six-month low of 46.1 in June from 49.3 in May.
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(RADIOCOR) 01-07-24 13:47:19 (0356) 5 NNNN