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Oct 20 - European shares fell on Friday and posted their biggest weekly loss in seven months as concerns about a wider Middle East conflict, rising government bond yields and disappointing earnings reports kept higher-risk equities under pressure.The index is down 3.4% for the week as fears around widening geopolitical tensions in Gaza fed into worries about disruption in oil supplies, with expectations of interest rates remaining elevated for longer further dampening the mood.
The travel and leisure index shed 2.3%, with InterContinental Hotels Group down 4.5% after quarterly net growth slowed.
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