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المشهد العربي
European Markets Declined as Technology Sector Dropped
European markets declined at the end of the week due to a drop in the technology sector, as shares of major companies such as ASML and Säteik fell amid a global sell-off and concerns over Middle Eastern tensions impacting supply chains and inflation. Meanwhile, investors shifted their focus to defensive sectors, with the luxury goods sector posting gains supported by a recovery in sales, and the Swedish defense industry company Saab saw a strong rise amid increased demand for military equipment. The STOXX Europe 600 and DAX indices closed down by 0.34%, while the FTSE 100 increased by 0.27%.
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