Utilities, real estate shares nudge European stocks higher

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The pan-European STOXX 600 index rose 0.2% by 0715 GMT, extending gains from Friday’s solid rebound.

Utilities, real estate, and financial services rose between 0.5% and 1%, while economically sensitive banking, mining, and auto stocks fell.

Daily Mail and General Trust Plc jumped 5.2% after it said its largest shareholder, Rothermere family, might take the British newspaper private in a 810-million-pound ($1.13 billion) deal, if the sales of its insurance risk unit and Cazoo business go through.

French IT consulting group Atos slumped 15.5% after it cut full-year earnings forecast.