European stocks closed higher on Friday, for the second consecutive session, on the back of an improved investors\u2019 sentiment following a slew of positive economic data.<\/p>\n\n\n\n
The STOXX Europe 600 index rose by 0.13%, its highest rise since May, to finish at 457.63 points, extending its weekly gains to 5.58 points, or 1.23%.<\/p>\n\n\n\n
The pan-European index rose for five out of the past six weeks.<\/p>\n\n\n\n
Meanwhile, the STOXX Europe 50 index ended the week higher by 0.57% at 3,545.17 points.<\/p>\n\n\n\n
The German DAX leveled up by 0.12% and finished the week adding 159.93 points, or 1.04%, at 15,607.97.<\/p>\n\n\n\n
The UK\u2019s FTSE100 gained 0.37%, registering a weekly increase of 118.60 points, or 1.69%, closing at 7,136.07 points, after the Bank of England decided to hold interest rates unchanged, promising to keep an eye on the rising inflation rates.<\/p>\n\n\n\n
On the other hand, the French CAC40 index finished lower by 0.12% at 6,622.87, limiting its weekly gain to 0.82%.<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
European stocks closed higher on Friday, for the second consecutive session, on the back of an improved investors\u2019 sentiment following a slew of positive economic data. The STOXX Europe 600 index rose by 0.13%, its highest rise since May, to finish at 457.63 points, extending its weekly gains to 5.58 points, or 1.23%. The pan-European …<\/p>\n","protected":false},"author":10,"featured_media":32054,"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":[39,36],"tags":[6864],"class_list":["post-47575","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-european-stocks"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/47575","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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=47575"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/47575\/revisions"}],"predecessor-version":[{"id":47576,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/47575\/revisions\/47576"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32054"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=47575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=47575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=47575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}