1 Day
Source:
وكالة الانباء الاردنية
European stocks fall but still gain weekly
Reports indicated that the European stock index declined on Friday, with telecommunications stocks leading the losses. However, gains in technology stocks helped mitigate the overall decline. The index is on track to achieve its first weekly gain in three weeks following a drop in oil prices and interest rate hikes by several central banks, including the Federal Reserve and the Bank of England. The STOXX 600 fell by 0.89% to 636.85 points, the French CAC 40 dropped by more than 1%, the German DAX declined by 1.16%, and the British FTSE decreased by 1.05%. Despite this, the index is finally expected to record its first weekly increase in three weeks amid global movements related to interest rates.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)