Milan outperforms as European stocks end week on positive note

viernes 8 de julio de 2016 12:58 GYT

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* Pan-European STOXX 600 index up 1.6 pct

* Italian lenders biggest gainers in strong bank sector

* Autos top sectoral gainer after China data

* Telecoms firm TDC soars after takeover approach

By Danilo Masoni and Atul Prakash

MILAN/LONDON, July 8 (Reuters) - European shares rose on Friday, ending a week of losses on a positive note with Milan outperforming thanks to a rally in its battered baking stocks.

Equities got a boost late in the session from a stronger-than-expected jobs report in the United States.

The pan-European STOXX Europe 600 rose 1.6 percent but still ended the week with a loss of 1.5 percent due to persistent worries over the economic and political fall-out of Britain's vote on June 23 to leave the European Union.   Continuación...