{"id":30390,"date":"2023-01-23T09:19:30","date_gmt":"2023-01-23T09:19:30","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/01\/23\/european-shares-edge-higher-in-lackluster-trade\/"},"modified":"2023-01-23T09:19:30","modified_gmt":"2023-01-23T09:19:30","slug":"european-shares-edge-higher-in-lackluster-trade","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/01\/23\/european-shares-edge-higher-in-lackluster-trade\/","title":{"rendered":"European Shares Edge Higher In Lackluster Trade"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks were broadly higher on Monday as dovish Fed remarks helped offset investor concerns of a global economic slowdown.<\/p>\n<p>On a light day on the economic front, investors await Euro area consumer confidence survey results and a speech by ECB President Christine Lagarde at an event for directional cues. <\/p>\n<p>The pan-European STOXX  600 was up 0.2 percent at 453.13 after gaining 0.4 percent on Friday. <\/p>\n<p>The German DAX rose 0.2 percent and the U.K.&#8217;s FTSE 100 added 0.3 percent while France&#8217;s CAC 40 was little changed, giving up earlier gains. <\/p>\n<p>Agricultural machinery company CNH Industrial NV edged down slightly as union workers ratified a new contract with the company covering equipment factories in Mount Pleasant and in Burlington, Iowa. <\/p>\n<p>Finnish critical networks and communications company Nokia Corp advanced 1.6 percent after it signed a new cross-license 5G patent agreement with Samsung Electronics.<\/p>\n<p>Dignity Plc shares soared 8.5 percent. The British funeral service provider said it would be acquired by a consortium comprising investment firms SPWOne V Ltd, Castelnau Group (CGL.L) and Phoenix Asset Management Partners.<\/p>\n<p>Infrastructure group Balfour Beatty gained 1 percent after it secured a 1.2 billion pounds contract from National Highways to deliver the &#8216;Roads North of the Thames&#8217; package of works for the proposed Lower Thames Crossing.<\/p>\n<p>Public transport provider National Express Group jumped 5.5 percent. The company said that its unit National Express Rail GmbH has won a 1 billion euros worth contract for rail operations in Germany.<\/p>\n<p>Saga rallied 2.5 percent. The over-50&#8217;s travel operator said it is seeking buyers for its in-house insurance underwriting <span class=\"landLinks\">business<\/span>.<\/p>\n<p>Aerospace major Airbus SE was down about 1 percent in Paris. The company is planning to spin off its Zephyr, a series of solar powered high-altitude surveillance and communications drone program, with the intention of creating a standalone telecoms and earth observation business that will start commercial operations by the end of next year, Financial Times reported. <\/p>\n<\/p>\n<p>Business News<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>European Shares Edge Higher In Lackluster Trade<\/a><br \/>\n<br \/>2023-01-23 09:19:30<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks were broadly higher on Monday as dovish Fed remarks helped offset investor concerns of a global economic slowdown. On a light day on the economic front, investors await&#8230;<\/p>\n","protected":false},"author":2,"featured_media":30391,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-30390","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/30390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=30390"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/30390\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/30391"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=30390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=30390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=30390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}