{"id":49274,"date":"2021-08-11T14:10:14","date_gmt":"2021-08-11T10:10:14","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=49274"},"modified":"2021-08-11T13:25:46","modified_gmt":"2021-08-11T09:25:46","slug":"european-socks-on-track-for-longest-winning-streak-since-june","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-socks-on-track-for-longest-winning-streak-since-june\/08\/11\/market-updates\/","title":{"rendered":"European Socks on Track For Longest Winning Streak Since June"},"content":{"rendered":"\n<p>European shares hit record highs and are on track to post their longest winning streak in two months, with a rally in banks and mining companies boosting investor sentiment already high thanks to a strong earnings season.<\/p>\n\n\n\n<p>The pan-European STOXX 600 index rose 0.2%, hitting an all-time high for the eighth consecutive session.<\/p>\n\n\n\n<p>Mining companies posted the biggest gain, up 0.7%, while stable government bond yields supported bank shares.<\/p>\n\n\n\n<p>Dutch bank ABN AMRO gained 3.2% after it said it would resume paying dividends thanks to an economic recovery that helped boost net profit more than expected.<\/p>\n\n\n\n<p>And British cybersecurity company Avast rose 3.2% after its American rival Norton Life Look agreed to buy the company for up to $8.6 billion.<\/p>\n\n\n\n<p>Vestas, the world&#8217;s largest maker of wind turbines, fell 4.7% after cutting its forecast for this year after second-quarter operating profit fell short of expectations due to supply chain disruptions and higher costs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European shares hit record highs and are on track to post their longest winning streak in two months, with a rally in banks and mining companies boosting investor sentiment already high thanks to a strong earnings season. The pan-European STOXX 600 index rose 0.2%, hitting an all-time high for the eighth consecutive session. Mining companies &hellip;<\/p>\n","protected":false},"author":9,"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-49274","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\/49274","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=49274"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49274\/revisions"}],"predecessor-version":[{"id":49275,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49274\/revisions\/49275"}],"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=49274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=49274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=49274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}