{"id":80786,"date":"2023-03-01T13:32:31","date_gmt":"2023-03-01T09:32:31","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=80786"},"modified":"2023-03-01T13:32:33","modified_gmt":"2023-03-01T09:32:33","slug":"european-stocks-start-the-month-of-march-on-a-stable-note","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-stocks-start-the-month-of-march-on-a-stable-note\/03\/01\/market-updates\/","title":{"rendered":"European stocks start the month of March on a stable note"},"content":{"rendered":"\n<p>European stocks rallied thanks to miners and luxury products on Wednesday, after strong data from China reassured investors fearing an economic slowdown, while a decline in BNP Paribas, the euro zone&#8217;s largest bank, limited gains.<\/p>\n\n\n\n<p>The pan-European STOXX 600 index was up 0.2% by 0812 GMT, kicking off the month with confidence after a strong start to the year.<\/p>\n\n\n\n<p>Factory activity in China in February grew at its fastest pace in more than a decade, an exception in Asia as manufacturing growth stalled elsewhere.<\/p>\n\n\n\n<p>Luxury companies such as LVMH, Kering, Pernod Ricard and Hermes International, which are expanding strongly in China, rose between 1.7 and 2.1 percent.<\/p>\n\n\n\n<p>The European basic resources index jumped 3 percent.<\/p>\n\n\n\n<p>While BNP Paribas shares fell 2.9 percent after announcing the readiness of a Belgian government entity to sell a third of its 7.8 percent stake in the bank.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks rallied thanks to miners and luxury products on Wednesday, after strong data from China reassured investors fearing an economic slowdown, while a decline in BNP Paribas, the euro zone&#8217;s largest bank, limited gains. The pan-European STOXX 600 index was up 0.2% by 0812 GMT, kicking off the month with confidence after a strong &hellip;<\/p>\n","protected":false},"author":9,"featured_media":44251,"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-80786","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\/80786","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=80786"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/80786\/revisions"}],"predecessor-version":[{"id":80787,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/80786\/revisions\/80787"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/44251"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=80786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=80786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=80786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}