{"id":68527,"date":"2026-01-09T09:17:57","date_gmt":"2026-01-09T09:17:57","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/01\/09\/european-shares-edge-up-in-cautious-trade-2\/"},"modified":"2026-01-09T09:17:57","modified_gmt":"2026-01-09T09:17:57","slug":"european-shares-edge-up-in-cautious-trade-2","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/01\/09\/european-shares-edge-up-in-cautious-trade-2\/","title":{"rendered":"European Shares Edge Up In Cautious Trade"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks edged up in cautious trade on Friday after two sessions of losses. <\/p>\n<p>Investor sentiment was underpinned after data showed Germany&#8217;s industrial output unexpectedly rose for a third straight month in November, helped by a rebound in car production.<\/p>\n<p>Retail sales from the euro area, U.S. jobs data for December and an expected Supreme Court&#8217;s ruling on Donald Trump&#8217;s trade tariffs will be in focus later in the day. <\/p>\n<p>The pan European Stoxx 600 edged up by 0.4 percent to 606.45 after falling 0.2 percent on Thursday. <\/p>\n<p>The German DAX was marginally higher, France&#8217;s CAC 40 surged 0.6 percent and the U.K.&#8217;s FTSE 100 gained 0.3 percent. <\/p>\n<p>Mining giant Glencore jumped nearly 8 percent while Rio Tinto slumped 6 percent. The companies have confirmed they are in preliminary discussions on a possible combination of some or all of their businesses, which could include an all-share merger between them. <\/p>\n<p>Peer American advanced 1.6 percent after reports that its proposed merger with Canada&#8217;s Teck Resources is heading for antitrust clearance ?in Europe.<\/p>\n<p>Gurit Holding soared 14 percent. The Swiss supplier of advanced composite materials, engineering services, and equipment has signed a five-year core material kits supply deal worth about CHF 250 million.<\/p>\n<p>J Sainsbury lost 5 percent. The U.K.&#8217;s second-largest supermarket chain reported a fall in sales at its Argos chain over the all-important Christmas quarter.<\/p>\n<p>Herald Investment Trust surged 7.3 percent. To resolve ongoing tensions with activist investor Saba Capital, the company has announced plans to launch a tender offer allowing shareholders to sell up to 100 percent of their shares at close to net asset value.<\/p>\n<p>Halma, a life-saving <span class=\"landLinks\">technology<\/span> company, rose 1.4 percent after it agreed to acquire Italian firm Safetec Srl.<\/p>\n<p>German arms maker Rheinmetall rose about 1 percent on bagging a contract worth EUR 118.5 million.<\/p>\n<p>Fresenius Medal Care added 1.2 percent after announcing it will continue its share buyback program in an accelerated manner. <\/p>\n<p>Dutch chip equipment ?maker ASML jumped 4 percent after TSMC, the world&#8217;s largest contract chipmaker, reported higher than expected revenue for the fourth quarter. <\/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 Up In Cautious Trade<\/a><br \/>\n<br \/>2026-01-09 09:17:57<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks edged up in cautious trade on Friday after two sessions of losses. Investor sentiment was underpinned after data showed Germany&#8217;s industrial output unexpectedly rose for a third straight&#8230;<\/p>\n","protected":false},"author":2,"featured_media":68528,"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-68527","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/68527","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=68527"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/68527\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/68528"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=68527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=68527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=68527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}