{"id":59721,"date":"2022-02-07T15:32:14","date_gmt":"2022-02-07T11:32:14","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=59721"},"modified":"2022-02-07T15:32:17","modified_gmt":"2022-02-07T11:32:17","slug":"european-shares-rebound-supported-by-the-mining-sector","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-shares-rebound-supported-by-the-mining-sector\/02\/07\/market-updates\/","title":{"rendered":"European Shares Rebound, Supported by The Mining Sector"},"content":{"rendered":"\n<p>European shares rebounded on Monday after five straight weeks of losses, as gains in mining stocks and positive business results overshadowed fears of a series of looming monetary policy tightening and geopolitical tension.<\/p>\n\n\n\n<p>The pan-European Stoxx 600 index rose 0.1 percent, after falling 0.7 percent last week.<\/p>\n\n\n\n<p>Mining stocks led the recovery, increasing by 1.2 percent, as aluminum prices in China jumped 3 percent, supported by concerns about supply and expectations of demand growth, while steel and iron ore futures rose in China after the country&#8217;s planner called for an acceleration of infrastructure work.<\/p>\n\n\n\n<p>Rio Tinto and Anglo American advanced 1.1 percent and 1.6 percent, respectively.<\/p>\n\n\n\n<p>Europe&#8217;s largest copper producer, Eurobis, jumped 4.7 percent after confirming an 85 percent increase in quarterly profits and estimates of full-year profits, supported by the rise in solid metal prices and production strength.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European shares rebounded on Monday after five straight weeks of losses, as gains in mining stocks and positive business results overshadowed fears of a series of looming monetary policy tightening and geopolitical tension. The pan-European Stoxx 600 index rose 0.1 percent, after falling 0.7 percent last week. Mining stocks led the recovery, increasing by 1.2 &hellip;<\/p>\n","protected":false},"author":9,"featured_media":58996,"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":[6939,6971],"class_list":["post-59721","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-japan","tag-nikkei"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/59721","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=59721"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/59721\/revisions"}],"predecessor-version":[{"id":59722,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/59721\/revisions\/59722"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/58996"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=59721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=59721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=59721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}