{"id":49318,"date":"2021-08-12T14:53:19","date_gmt":"2021-08-12T10:53:19","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=49318"},"modified":"2021-08-12T14:53:22","modified_gmt":"2021-08-12T10:53:22","slug":"european-shares-stabilize-on-strong-earnings-and-ma-activity","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-shares-stabilize-on-strong-earnings-and-ma-activity\/08\/12\/market-updates\/","title":{"rendered":"European Shares Stabilize on Strong Earnings And M&#038;A Activity"},"content":{"rendered":"\n<p>European shares stabilized, trading slightly below record highs, as strong profits achieved by a group of insurance companies and mergers and acquisitions activities in Britain helped offset the decline in mining companies.<\/p>\n\n\n\n<p>The pan-European Stoxx 600 index settled in morning trading after eight consecutive days of record gains.<\/p>\n\n\n\n<p>British insurer Aviva rose 1.8% after it said it would return at least four billion pounds ($5.5 billion) to shareholders, while Zurich Insurance Group rose 2.2% after the company announced a 60 percent jump in operating profit in the first half.<\/p>\n\n\n\n<p>Dutch insurer Aegon jumped 6.5% after reporting much better-than-expected second-quarter earnings.<\/p>\n\n\n\n<p>Mining stocks fell, as shares of the global mining company Rio Tinto plunged in the United Kingdom by 6.1% due to the trading of the stock with the expiration of the right to a cash dividend.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European shares stabilized, trading slightly below record highs, as strong profits achieved by a group of insurance companies and mergers and acquisitions activities in Britain helped offset the decline in mining companies. The pan-European Stoxx 600 index settled in morning trading after eight consecutive days of record gains. British insurer Aviva rose 1.8% after it &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32785,"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-49318","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\/49318","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=49318"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49318\/revisions"}],"predecessor-version":[{"id":49319,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49318\/revisions\/49319"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32785"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=49318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=49318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=49318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}