{"id":64433,"date":"2022-04-26T12:35:05","date_gmt":"2022-04-26T08:35:05","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=64433"},"modified":"2022-04-26T13:00:34","modified_gmt":"2022-04-26T09:00:34","slug":"european-shares-rise-on-earnings-support","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-shares-rise-on-earnings-support\/04\/26\/market-updates\/","title":{"rendered":"European shares rise on earnings support"},"content":{"rendered":"\n<p>European shares breathed a sigh of relief on Tuesday as earnings from companies such as UBS and Maersk boosted sentiment after a sell-off in shares in the previous session, driven by concerns about global growth.<\/p>\n\n\n\n<p>The pan-European Stoxx 600 index rose 0.6 percent, after falling nearly 2 percent on Monday, on concerns about an economic slowdown in China and a rapid rise in US interest rates.<\/p>\n\n\n\n<p>Mining and oil stocks were among the biggest gainers, after falling on Monday.<\/p>\n\n\n\n<p>UBS shares rose 0.2 percent after reporting its best first-quarter net profit in 15 years.<\/p>\n\n\n\n<p>The shares of Maersk Shipping Group jumped 5.8 percent after raising the company&#8217;s full-year forecast after the first-quarter operating profit came in higher than previous expectations, driven by higher container shipping rates.<\/p>\n\n\n\n<p>HSBC shares fell 1.9 percent after Europe&#8217;s largest bank warned that more share buybacks were unlikely this year due to rising inflation and economic weakness, even as first-quarter earnings fell less than expected.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European shares breathed a sigh of relief on Tuesday as earnings from companies such as UBS and Maersk boosted sentiment after a sell-off in shares in the previous session, driven by concerns about global growth. The pan-European Stoxx 600 index rose 0.6 percent, after falling nearly 2 percent on Monday, on concerns about an economic &hellip;<\/p>\n","protected":false},"author":9,"featured_media":52181,"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":[36],"tags":[6911,6864],"class_list":["post-64433","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-europe","tag-european-stocks"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/64433","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=64433"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/64433\/revisions"}],"predecessor-version":[{"id":64435,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/64433\/revisions\/64435"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52181"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=64433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=64433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=64433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}