{"id":92109,"date":"2023-11-06T14:25:20","date_gmt":"2023-11-06T10:25:20","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=92109"},"modified":"2023-11-06T14:25:23","modified_gmt":"2023-11-06T10:25:23","slug":"european-stocks-stabilize-after-a-strong-week","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-stocks-stabilize-after-a-strong-week\/11\/06\/market-updates\/","title":{"rendered":"European stocks stabilize after a strong week"},"content":{"rendered":"\n<p>European shares steadied on Monday after the benchmark index posted its biggest weekly jump since March, while Ryanair shares had their best performance in a month after record annual profits.<\/p>\n\n\n\n<p>The European STOXX index rose 0.1 percent by 0810 GMT after jumping more than three percent last week, with investors cheering a series of strong earnings and signs of the end of monetary policy tightening by major central banks.<\/p>\n\n\n\n<p>Ryanair shares rose 5.8 percent after Europe&#8217;s largest airline by number of passengers forecast record annual profits and promised to distribute regular dividends, raising the travel and leisure sector index 1.3 percent.<\/p>\n\n\n\n<p>Telecom Italia shares gained 2 percent after agreeing to sell its fixed-line network worth 19 billion euros ($20 billion) to the American private equity firm KKR.<\/p>\n\n\n\n<p>Evotec shares fell 2.6 percent after BRC Bank downgraded the German biotechnology company&#8217;s stock rating.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European shares steadied on Monday after the benchmark index posted its biggest weekly jump since March, while Ryanair shares had their best performance in a month after record annual profits. The European STOXX index rose 0.1 percent by 0810 GMT after jumping more than three percent last week, with investors cheering a series of strong &hellip;<\/p>\n","protected":false},"author":9,"featured_media":62193,"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-92109","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\/92109","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=92109"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/92109\/revisions"}],"predecessor-version":[{"id":92110,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/92109\/revisions\/92110"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/62193"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=92109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=92109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=92109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}