CAC 40 Struggles For Direction As Growth Worries Weigh
(RTTNews) - French stocks were little changed in cautious trade on Tuesday as investors continued to fret about inflation, rising interest rates and the health of the global economy.
The benchmark CAC 40 was marginally higher at 7,070 after falling 0.9 percent the previous day.
Banks BNP Paribas, Credit Agricole and Societe Generale were flat to slightly higher.
Vantiva, a provider of creative services and technology products for the communication, media and entertainment industries, soared 24 percent after it has entered into a call option agreement with CommScope Holding Co. (COMM), to acquire CommScope's Home Networks division.
Drug maker Sanofi rose half a percent after it has entered into an agreement with Janssen Pharmaceuticals, Inc., a Johnson & Johnson company, for the development of Janssen's extraintestinal pathogenic E. coli vaccine candidate (ExPEC9V).
Canadian Dollar Advances Against Majors
Swiss Market Ends Slightly Weak
Major European Markets Close Weak; UK Market Outperforms
Bay Street Likely To Open On Mixed Note
Bank Indonesia Unexpectedly Holds Rate Steady At 4.75%
FTSE 100 Rises Nearly 1% On Soft Inflation Data
CAC 40 Pares Some Early Losses; L'Oreal Down Sharply As Sales Miss Expectations
