European shares rose on Thursday, led by technology and healthcare shares, but falling energy shares and concerns regarding slowing economic growth curbed gains.
Sharjah 24 – Archyde.com:
European shares rose once more on Thursday, led by technology and healthcare shares, but falling energy shares and concerns regarding slowing economic growth curbed gains.
The pan-European Stoxx 600 index rose 0.4% by 07:19 GMT. Trading volumes are expected to decline with London markets closed for a public holiday marking the platinum jubilee of Queen Elizabeth.
Oil sector stocks fell as crude prices fell amid reports that Saudi Arabia may increase production in response to the urging of the United States. The markets are also awaiting a meeting of OPEC +, in search of indications regarding production.
Investors are also awaiting the US private sector jobs data due later in the day.
