{"id":105968,"date":"2021-02-01T10:04:30","date_gmt":"2021-02-01T10:04:30","guid":{"rendered":"https:\/\/fin2me.com\/?p=105968"},"modified":"2021-02-01T10:04:30","modified_gmt":"2021-02-01T10:04:30","slug":"european-shares-rise-as-miners-lead-early-gains","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/european-shares-rise-as-miners-lead-early-gains\/","title":{"rendered":"European shares rise as miners lead early gains"},"content":{"rendered":"
FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 29, 2021. REUTERS\/Staff<\/figcaption>

(Reuters) – European shares rose on Monday, bouncing from their worst weekly decline since October helped by a rise in shares of miners after an ongoing retail frenzy shifted its attention to silver.<\/p>\n

The pan-European STOXX 600 index rose 0.8%, with shares of miners including Fresnillo, Polymetal International and Boliden AB leading early gains on the index.<\/p>\n

Silver has become the latest focus of a frenzied online movement by retail traders to push up values of assets that big fund managers had bet against.<\/p>\n

The STOXX 600 had logged declines of over 3% in the previous week, on concerns around the slow roll-out of COVID-19 vaccines and as a retail trading frenzy led to a rise in volatility.<\/p>\n

German shares rose 1%. Data showed retail sales plunged far more than expected in December as a decision to tighten lockdown measures in the COVID-19 pandemic choked consumer spending in Europe\u2019s largest economy.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 29, 2021. 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