{"id":76946,"date":"2022-12-09T13:44:41","date_gmt":"2022-12-09T09:44:41","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=76946"},"modified":"2022-12-09T13:44:44","modified_gmt":"2022-12-09T09:44:44","slug":"european-stocks-rise-supported-by-rise-in-the-industrial-and-financial-sectors","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-stocks-rise-supported-by-rise-in-the-industrial-and-financial-sectors\/12\/09\/market-updates\/","title":{"rendered":"European stocks rise, supported by rise in the industrial and financial sectors"},"content":{"rendered":"\n<p>European stocks rose on Friday, as industrial and financial stocks rose on optimism related to China&#8217;s easing of anti-Covid-19 restrictions, while Credit Suisse jumped after news of a capital increase.<\/p>\n\n\n\n<p>The pan-European STOXX 600 rose 0.2 percent by 0810 GMT, and appeared to be heading for an increase after losing for five consecutive days, mainly due to fears of a global recession due to central banks raising interest rates sharply.<\/p>\n\n\n\n<p>Industry stocks, including Airbus, were the biggest supporter of the Stoxx 600 index, while the financial services sector index rose after Credit Suisse stock recovered following a record decline last week.<\/p>\n\n\n\n<p>Credit Suisse jumped 3 percent after the ailing bank welcomed significant progress in its transformation plan on Thursday, raising 2.24 billion Swiss francs ($2.39 billion) as part of a 4 billion franc cash package.<\/p>\n\n\n\n<p>Despite the early gains, the Stokes 600 is likely to post losses this week after seven consecutive weeks of gains.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks rose on Friday, as industrial and financial stocks rose on optimism related to China&#8217;s easing of anti-Covid-19 restrictions, while Credit Suisse jumped after news of a capital increase. The pan-European STOXX 600 rose 0.2 percent by 0810 GMT, and appeared to be heading for an increase after losing for five consecutive days, mainly &hellip;<\/p>\n","protected":false},"author":9,"featured_media":70012,"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-76946","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\/76946","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=76946"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/76946\/revisions"}],"predecessor-version":[{"id":76947,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/76946\/revisions\/76947"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/70012"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=76946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=76946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=76946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}