Germany39;s GDP shrinks slightly in Q3
BASF up on report of ADNOC mulling Wintershall Dea buyout
New share buyback lifts Evolution shares
Flutter slips on Barclays PT cut

Nov 24 Reuters Europe39;s benchmark share index was flat on Friday even as eurozone bond yields remained higher, but was on course for weekly gains, while investors assessed data in Germany for clues about the country39;s economic outlook.

The panEuropean STOXX 600 was unchanged by 0930 GMT but on track for weekly gains of 0.6, with investors focusing on corporate earnings and prospects of rate cuts.

It39;s just a hangover from the U.S. Thanksgiving, investors don39;t want to take any fresh positions when they39;re not entirely sure whether the peak Fed rate narrative is a story to keep running with, said Giles Coghlan, chief market analyst at brokerage GCFX.

Eurozone government bond yields were set to close the week higher as investors balanced recession fears against comments from European Central Bank policymakers pushing against market expectations for rate cuts in 2024.

Central bankers are understandably communicating in a very cautious way… if they communicate that rate cuts are definitely coming, then they39;re going to create the problem they39;re trying to solve, Coghlan added.

For the week, automobile stocks were the top laggards, while media and retail stocks were the top performers.

Miners lost 0.7, leading sectoral declines on Friday, while chemicals rose 0.4, leading the…