{"id":80988,"date":"2023-03-06T13:37:44","date_gmt":"2023-03-06T09:37:44","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=80988"},"modified":"2023-03-06T13:37:47","modified_gmt":"2023-03-06T09:37:47","slug":"european-stocks-open-higher-jumping-shares-of-telecom-italia","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-stocks-open-higher-jumping-shares-of-telecom-italia\/03\/06\/market-updates\/","title":{"rendered":"European stocks open higher, jumping shares of Telecom Italia"},"content":{"rendered":"\n<p>European stocks started trading higher on Monday, and Telecom Italia shares jumped to the top of the European Stoxx 600 index, while mining stocks fell after China set a modest target for annual growth.<\/p>\n\n\n\n<p>The Stoxx 600 index was up 0.2% by 0807 GMT, after posting its best weekly performance since the beginning of the year.<\/p>\n\n\n\n<p>Shares in Telecom Italia jumped 4.1 percent after the Deposit and Loan Fund (CDP) announced on Sunday that its board had approved a non-binding offer for the fixed-line network for the former monopoly on telephone services, and indicated that the offer would remain valid until March 31.<\/p>\n\n\n\n<p>China announced at the National People&#8217;s Congress its target for economic growth of about 5 percent at the lower end of the forecast range. The European basic resources index fell 1.2 percent, tracking a drop in base metal prices.<\/p>\n\n\n\n<p>Investors&#8217; focus this week will be on the US jobs report and Federal Reserve Chairman Jerome Powell&#8217;s congressional testimony, which is scheduled to begin on Tuesday and continue over two days.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks started trading higher on Monday, and Telecom Italia shares jumped to the top of the European Stoxx 600 index, while mining stocks fell after China set a modest target for annual growth. The Stoxx 600 index was up 0.2% by 0807 GMT, after posting its best weekly performance since the beginning of the &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-80988","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\/80988","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=80988"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/80988\/revisions"}],"predecessor-version":[{"id":80989,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/80988\/revisions\/80989"}],"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=80988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=80988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=80988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}