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CAC 40 Climbs Higher On Ukraine Ceasefire Optimism

RTTNews | vor 162 Tagen

CAC 40 Climbs Higher On Ukraine Ceasefire Optimism

(RTTNews) - French stocks are up firmly Wednesday morning, recovering from recent losses, as optimism about a ceasefire in Ukraine is contributing to the positive mood in the market.

Kyiv has reportedly agreed to a US-proposal for an "immediate, interim 30-day ceasefire" if Russia agrees to the terms.

"A while ago, Ukraine has agreed to the ceasefire. Now we go to Russia and hopefully President Putin will agree to it also," U.S. President Trump said soon after the Jeddah announcement.

The benchmark CAC 40, which advanced to 8,046.01, was up 87.75 points or 1.1% at 8,029.66 a few minutes ago.

Safran, Saint-Gobain, Schneider Electric, Airbus Group, AXA and Unibail Rodamco are gaining 2 to 2.5%.

Capgemini and Hermes International are up nearly 2%. BNP Parbias is gaining 1.8%, Legrand is up 1.7% and Vinci is rising 1.5%. Renault, Air Liquide, Accor, Essilor, Pernod Ricard, Sanofi and Vivendi are advancing 1 to 1.3%.

Societe Generale, Teleperformance, Veolia, Engie, Eurofins Scientific, Danone, TotalEnergies and Credit Agricole are up 0.5 to 0.9%.

STMicroElectronic is declining 2.3%. Edenred is down 2% and ArcelorMittal is down by about 1%. Kering, Carrefour and Publicis Group are modestly lower.

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FTSE 100 Slips Ahead Of Speeches At Jackson Hole Symposium

FTSE 100 Slips Ahead Of Speeches At Jackson Hole Symposium

U.K. stocks are drifting down a bit on Thursday with investors largely staying cautious, digesting flash survey data on regional manufacturing and services sector activity, and looking ahead to the Jackson Hole Symposium.

RTTNews | vor 50 Minuten

CAC 40 Moderately Lower

CAC 40 Moderately Lower

French stocks are exhibiting weakness on Thursday in cautious trade, with investors awaiting speeches from central bank chiefs at the Jackson Hole Symposium, which gets underway later in the day. Investors are also digesting flash survey figures on regional manufacturing and services sector activity in the month of August.

RTTNews | vor 1Std 16 Minuten

Eurozone Private Sector Expands At Fastest Pace In 15 Months

Eurozone Private Sector Expands At Fastest Pace In 15 Months

Eurozone private sector expanded at the fastest pace in 15 months in August on stronger growth in manufacturing output despite challenges posed by U.S. trade tariffs. The HCOB flash composite output index climbed more-than-expected to 51.1 in August from 50.9 in July, survey results from S&P Global revealed Thursday. The score was seen at 50.7.

RTTNews | vor 1Std 20 Minuten

DAX Down Marginally

DAX Down Marginally

German stocks are down in negative territory on Thursday with investors making cautious moves while looking ahead to Fed Chair Jerome Powell's speech at the Jackson Hole Symposium for clues about the central bank's likely move on rate cuts this year.

RTTNews | vor 1Std 33 Minuten

Sensex, Nifty Extend Gains For Sixth Day On GST Optimism

Sensex, Nifty Extend Gains For Sixth Day On GST Optimism

Indian shares extended gains for a sixth day running on Thursday as investors continued to remain optimistic about S&P's rating upgrade for India, improving Sino-India relations and the Centre's plan to rationalize Goods and Services Tax (GST).

RTTNews | vor 1Std 49 Minuten

Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Thursday.

RTTNews | vor 2Std 52 Minuten

European Shares Subdued Ahead Of Jackson Hole Summit

European Shares Subdued Ahead Of Jackson Hole Summit

European stocks were little changed on Thursday as investors looked ahead to Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium for hints of possible rate cuts this year.

RTTNews | vor 3Std 0 Minuten

Indian Rupee Rises To 2-day High On Upbeat India's PMI Data

Indian Rupee Rises To 2-day High On Upbeat India's PMI Data

The Indian rupee strengthened against the U.S. dollar in the European session on Thursday, after India's private sector activity expanded at the fastest pace on record amid sharp growth in new orders.

RTTNews | vor 3Std 11 Minuten

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