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المشهد العربي
European stocks gain on energy profits
European stocks rose significantly at the start of Friday's trading, supported by strong financial results in the energy sector, as companies in the Stoxx 600 index are expected to see a profit growth of 22.4% in the second quarter. Indices in Germany, France, and the UK also recorded varying gains. Data showed that industrial production in Germany increased by 0.2% in June, driven by a 3.1% rise in orders. In an related economic context, oil prices climbed amid ongoing tensions over the Strait of Hormuz. The market closed with improved financial performance, accompanied by hints of a gradual recovery in European economies.
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