European stocks
Most European stock indices rose at the end of the first trading of the new week, according to the following:
The Stoxx 600 is up just 0.1%. The German DAX index is the least rising among European stocks, with an estimated rate of only 0.1%. The British FTSE 100 index and the Spanish index violated the European stocks and fell by about 0.1%. The French CAC index rose by about 0.5% at the close of trading. The Italian MIB index is the highest gainer among European stocks, by about 0.8% at the close of trading.
It should be noted that the European stock indices rose at the beginning of Monday’s trading, supported by the rise of energy companies’ stocks with the rise in global oil prices and the rise in healthcare sector stocks thanks to the strong performance of the Danish pharmaceutical company Novo Nordisk.
The European Stoxx 600 index rose 0.4% during trading, after closing at its lowest level in six weeks at the end of last week. Likewise, the index of energy companies rose with the rise in crude oil prices, as the scarcity of global supply resulting from the decline in exports from Saudi Arabia and Russia offset the impact of concerns about demand growth in light of high interest rates.
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Collective decline in European stock indices at the end of the week’s trading
2023-08-21 16:21:01
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