{"id":50984,"date":"2021-09-17T14:48:30","date_gmt":"2021-09-17T10:48:30","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=50984"},"modified":"2021-09-17T14:48:37","modified_gmt":"2021-09-17T10:48:37","slug":"european-shares-on-track-for-weekly-gains","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-shares-on-track-for-weekly-gains\/09\/17\/market-updates\/","title":{"rendered":"European Shares on Track For Weekly Gains"},"content":{"rendered":"\n<p>European shares rose on Friday, September 17, heading for weekly gains, as news that Britain is considering easing travel restrictions boosted shares of airlines and hotel groups, and a rebound in luxury goods stocks supported major indexes.<\/p>\n\n\n\n<p>By 0711 GMT, the pan-European Stoxx 600 index increased 0.7%, on track to achieve a weekly rise of 0.6%, after concerns about global growth affected markets earlier in the week.<\/p>\n\n\n\n<p>The European travel and leisure sector index rose 1% after closing 3.4% higher on Thursday, in one of the best daily gains this year.<\/p>\n\n\n\n<p>Wizz Air and IAG, owned by British Airways and Intercontinental Hotels, rose between 1.2 and 4.0% after Britain considered easing international travel restrictions for Covid-19.<\/p>\n\n\n\n<p>The retail and banking sectors were among the biggest gainers, each gaining more than 1%.<\/p>\n\n\n\n<p>Germany&#8217;s Commerzbank rose 3.9% after a report in the Handelsblatt newspaper said US investment firm Cerberus was considering acquiring 15.6% of the bank after the federal election.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European shares rose on Friday, September 17, heading for weekly gains, as news that Britain is considering easing travel restrictions boosted shares of airlines and hotel groups, and a rebound in luxury goods stocks supported major indexes. By 0711 GMT, the pan-European Stoxx 600 index increased 0.7%, on track to achieve a weekly rise of &hellip;<\/p>\n","protected":false},"author":9,"featured_media":31994,"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-50984","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\/50984","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=50984"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/50984\/revisions"}],"predecessor-version":[{"id":50985,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/50984\/revisions\/50985"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31994"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=50984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=50984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=50984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}