{"id":32714,"date":"2020-08-14T16:21:15","date_gmt":"2020-08-14T12:21:15","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=32714"},"modified":"2020-08-14T16:21:16","modified_gmt":"2020-08-14T12:21:16","slug":"european-shares-fell-due-to-the-decline-in-tourism-shares","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-shares-fell-due-to-the-decline-in-tourism-shares\/08\/14\/market-updates\/","title":{"rendered":"European Shares Fell Due to The Decline in Tourism Shares"},"content":{"rendered":"\n<p>European stocks fell as tourism stocks took a hit after Britain added more European countries to its list of quarantine areas for arrivals, while disappointing retail sales data from China raised doubts about the pace of the economy&#8217;s recovery.<\/p>\n\n\n\n<p>The pan-European STOXX 600 index fell 0.8%, but is on track to post gains for the second week in a row.<\/p>\n\n\n\n<p>Travel and leisure shares fell 2.1%, while airline companies and other cruise operators such as TUI, EasyJet and IAG, which owns British Airways, fell between 3.5 5% and 5.5%.<\/p>\n\n\n\n<p>French shares fell 1%, with Air France KLM falling 3.8%.<\/p>\n\n\n\n<p>The United Kingdom decided to impose a 14-day quarantine on arrivals from France, starting from Saturday, and added the Netherlands, Malta and three other countries to the list.<\/p>\n\n\n\n<p>Meanwhile, the performance of global markets was tepid, as Chinese retail sales data showed a sudden drop in July, while the factory sector&#8217;s recovery was facing difficulties in order to increase its pace, which weakened the prospects for a rapid recovery from the Coronavirus crisis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks fell as tourism stocks took a hit after Britain added more European countries to its list of quarantine areas for arrivals, while disappointing retail sales data from China raised doubts about the pace of the economy&#8217;s recovery. The pan-European STOXX 600 index fell 0.8%, but is on track to post gains for the &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32683,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6879,6851],"class_list":["post-32714","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-shares","tag-stocks"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=32714"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32714\/revisions"}],"predecessor-version":[{"id":32715,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32714\/revisions\/32715"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32683"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=32714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=32714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=32714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}