European Benchmarks Fall, But London Bucks Trend on Takeover Activity

European benchmarks fell on Friday as the so-called Trump-trade appeared to fade, but London bucked the trend among its continental cousins after drawing a boost from takeover activity and the recovery of formerly ex-dividend stocks. The FTSE 100 closed 0.30% higher at 7,299 while the DAX in Germany was flat at 11,757 and the CAC 40 in France fell by 0.65% to 4,867.