CAC 40 Rallies On Strong Earnings

RTTNews | 664 days ago
CAC 40 Rallies On Strong Earnings

(RTTNews) - French stocks rallied on Thursday, with Fed rate pause optimism and a slew of upbeat earnings boosting investor sentiment.

The benchmark CAC 40 was up 108 points, or 1.5 percent, at 7,423 after tumbling 1.4 percent in the previous session.

Aircraft manufacturer Airbus fell nearly 2 percent after reporting a fall in net profit in the first half of this year.

Ipsen rallied 3.5 percent after the pharmaceutical firm upgraded its 2023 outlook.

Lender BNP Paribas jumped 3.5 percent after an announcement that it will buy back shares starting next month.

Industrial gases firm Air Liquide added 1.5 percent as it reported a 32 percent jump in first-half net profit.

Jet engine maker Safran climbed 2.6 percent after raising its full-year outlook.

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Bay Street Seen Opening On Mixed Note

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RTTNews | 2h 51min ago
UK Inflation Strongest Since Early 2024 On Household Bills, Employer Tax

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RTTNews | 3h 41min ago
FTSE 100 Down Marginally As Investors Focus On Inflation Data, Earnings

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RTTNews | 3h 48min ago
CAC 40 Moderately Lower In Cautious Trade

CAC 40 Moderately Lower In Cautious Trade

French stocks are under a bit of pressure on Wednesday amid uncertainty about Ukraine-Russia peace talks, and a lack of positive progress on the trade front. The recent downgrade of U.S. sovereign credit rating by Moody's weigh as well on investor sentiment.
RTTNews | 4h 21min ago
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RTTNews | 4h 28min ago
DAX Drifts Lower On Geopolitical Concerns

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German stocks are down in negative territory on Wednesday as investors make cautious moves, awaiting fresh news on the trade front. The impasse in Ukraine peace talks and data showing a bigger than expected increase in UK inflation weigh on sentiment.
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Asian Shares Rise In Cautious Trade; Nikkei Drops On Yen Strength

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RTTNews | 6h 2min ago