European stocks are declining and heading for a weekly loss
Retracted European stocks Today, they are heading towards recording weekly losses, and the European index fell "Stokes 600" by 0.5% to reach 611.04 points, heading for a weekly loss of 2.5% after four consecutive weeks of rise.
Investor morale was affected by the continuation of the war in the Middle East, in addition to Brent crude prices remaining above $100 per barrel with the continued disruption of energy supplies.
The aviation and defense sector led the losses, declining by 2.4%, while the technology sector rose by 0.7%, supported by the rise of stocks. "Sub" German after earnings results that exceeded expectations.
On the other hand, the index rose "Dax" The German stock rose by 0.1%, supported by the performance of the technology sector, at a time when the results of European companies showed relative strength, despite the continuing pressures related to geopolitical tensions and high energy prices.
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