{"id":70121,"date":"2022-08-15T12:37:19","date_gmt":"2022-08-15T08:37:19","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=70121"},"modified":"2022-08-15T12:37:21","modified_gmt":"2022-08-15T08:37:21","slug":"european-stocks-rise-weak-chinese-data-raises-concerns","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-stocks-rise-weak-chinese-data-raises-concerns\/08\/15\/market-updates\/","title":{"rendered":"European stocks rise, weak Chinese data raises concerns"},"content":{"rendered":"\n<p>European shares rose on Monday, boosted by fresh gains in healthcare shares. At the same time, signs of a slowing Chinese economy sparked a flight to sectors such as telecoms and important consumer products that are usually seen as immune to economic cycles.<\/p>\n\n\n\n<p>The pan-European Stoxx 600 index rose 0.3 percent by 0720 GMT, after hitting a two-month high at the open.<\/p>\n\n\n\n<p>Healthcare stocks rose with AstraZeneca, which rose 2.6 percent, after the drugmaker said its cancer drug, Inherto, which was developed with Japan&#8217;s Daiichi Sankyo, was delaying the development of a form of advanced breast cancer for previously treated cases.<\/p>\n\n\n\n<p>Hello Fresh shares jumped 8.1 percent after the German meal maker reported better-than-expected quarterly results.<\/p>\n\n\n\n<p>Henkel shares fell 1.3 percent, as the German consumer goods group said higher material costs affected profits in the year&#8217;s first half.<\/p>\n\n\n\n<p>Shares of automakers and miners exposed to China fell after the country&#8217;s central bank cut key lending rates in a surprise move to revive demand, as data showed the economy slowed unexpectedly in July.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European shares rose on Monday, boosted by fresh gains in healthcare shares. At the same time, signs of a slowing Chinese economy sparked a flight to sectors such as telecoms and important consumer products that are usually seen as immune to economic cycles. The pan-European Stoxx 600 index rose 0.3 percent by 0720 GMT, after &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":[37,36],"tags":[7211,6877,6928,6882],"class_list":["post-70121","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-currencies","tag-dollar","tag-euro","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/70121","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=70121"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/70121\/revisions"}],"predecessor-version":[{"id":70122,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/70121\/revisions\/70122"}],"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=70121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=70121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=70121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}