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European markets rally amid earnings; China trade data beats expectations; Convatec shares tumble 18%

Sam Meredith

The pan-European Stoxx 600 was up around 0.3 percent during mid-morning trade, with most sectors and major bourses in positive territory. China reported stronger-than-anticipated trade data on Thursday, offering a welcome relief to investors concerned about a global economic downturn. European stocks were higher on Thursday morning, amid a flurry of earnings results, while market participants anxiously wait on any signs of progress in the latest round of U.S.-China trade talks.

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