2023-07-21 18:10:00
European stocks rose today, Friday, to end the week’s trading on the rise, while German stocks closed lower, as the expectations of S. any. BP, regarding revenues in the technology sector, which also recorded the largest weekly decline this year.
S shares fell. any. B Software rose 4.2 percent, following the company cut its full-year forecast, which led to a decline in the German DAX index 0.2 percent.
The pan-European Stoxx 600 index rose 0.3 percent at the close, extending its gains for the fourth consecutive session.
slowing domestic inflation
The technology sector index in Europe fell 0.4 percent, to be the biggest loser among the major sectors this week, with a decrease of 4.8 percent.
The mining sector index fell 1.5 percent, hit by some disappointing results.
The pan-European Stoxx 600 rose 0.9 percent this week, boosted by a rally in British stocks following evidence of slowing domestic inflation.
London’s FTSE 100 rose 3 percent this week, its best level in nearly four months.
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