European shares fell at the open, as concerns persisted over troubled Chinese real estate developer Evergrande, and China-exposed mining and retail stocks were among the biggest losers.<\/p>\n\n\n\n
The pan-European Stoxx 600 index fell 0.5%, after three days of gains. Mining, auto and retail stocks fell more than 1 percent.<\/p>\n\n\n\n
Investors took some profits after midweek gains as the deadline to pay $83.5 million in bond interest passed without a reaction from Evergrande, about which concerns rattled financial markets this week.<\/p>\n\n\n\n
Shares of German sportswear companies Adidas and Puma fell 3.7 percent and 2.5 percent, respectively, after Nikkei cut its sales forecast for the fiscal year 2022, said it expected a delay during the holiday shopping season, and blamed it on an ongoing supply chain crisis.<\/p>\n\n\n\n
Germany’s DAX index fell 0.7 percent as the weekend approaches when the country will vote to elect a successor to Chancellor Angela Merkel.<\/p>\n\n\n\n
British drugmaker AstraZeneca jumped 3.2 percent after saying that its cancer drug, Lynparza, had achieved its primary goal in the final stages of trials.<\/p>\n","protected":false},"excerpt":{"rendered":"
European shares fell at the open, as concerns persisted over troubled Chinese real estate developer Evergrande, and China-exposed mining and retail stocks were among the biggest losers. The pan-European Stoxx 600 index fell 0.5%, after three days of gains. Mining, auto and retail stocks fell more than 1 percent. Investors took some profits after midweek …<\/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-51374","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\/51374","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=51374"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/51374\/revisions"}],"predecessor-version":[{"id":51377,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/51374\/revisions\/51377"}],"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=51374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=51374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=51374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}