{"id":49755,"date":"2021-08-23T13:14:07","date_gmt":"2021-08-23T09:14:07","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=49755"},"modified":"2021-08-23T13:14:08","modified_gmt":"2021-08-23T09:14:08","slug":"european-shares-rise-after-a-hard-week","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-shares-rise-after-a-hard-week\/08\/23\/market-updates\/","title":{"rendered":"European Shares Rise After a Hard Week"},"content":{"rendered":"\n<p>European shares rose after their Asian counterparts rose on Monday, August 23 after a brutal sell-off last week on worries about global growth, while investors awaited a series of business data.<\/p>\n\n\n\n<p>The STOXX 600 index of European shares rose 0.6% by 07:14 GMT after fears of rising Covid-19 cases and tighter scrutiny on Chinese companies pushed it to its worst weekly performance in six months.<\/p>\n\n\n\n<p>The IHS Markitmarkt&#8217;s Eurozone and UK business activity reading for August will be released later today, while the figures are expected to show slight slowdown inactivity.<\/p>\n\n\n\n<p>Among individual stocks, British grocery group Sainsbury&#8217;s share jumped 6.6% after a report that direct investment companies are looking at the possibility of launching bids to take over the company with a value of more than seven billion pounds, or about 9.53 billion dollars.<\/p>\n\n\n\n<p>German BioNTech shares rose 4.4% after a report said the US Food and Drug Administration aims to grant full approval to its partner Pfizer&#8217;s Covid-19 vaccine.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European shares rose after their Asian counterparts rose on Monday, August 23 after a brutal sell-off last week on worries about global growth, while investors awaited a series of business data. The STOXX 600 index of European shares rose 0.6% by 07:14 GMT after fears of rising Covid-19 cases and tighter scrutiny on Chinese companies &hellip;<\/p>\n","protected":false},"author":9,"featured_media":30925,"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-49755","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\/49755","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=49755"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49755\/revisions"}],"predecessor-version":[{"id":49756,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49755\/revisions\/49756"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30925"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=49755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=49755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=49755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}