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CAC 40 Inches Higher In Cautious Trade
(RTTNews) - French stocks rose on Monday after Chinese authorities unveiled sweeping measures to rescue the country's struggling property sector.
Investors also awaited the outcome of a rare face-to-face meeting between the leaders of the world's two largest economies taking place on the sidelines of this week's Group of 20 Summit in Bali.
The benchmark CAC 40 was up 31 points, or half a percent, at 6,625 after rising 0.6 percent on Friday.
Banks BNP Paribas, Credit Agricole and Societe Generale were seeing modest gains.
Orange, a telecom major, rose half a percent. The company said that its cyber-security arm, Orange Cyberdefense, has acquired SCRT and Telsys, two Swiss sister firms with expertise in cyber-security and related services. The financial terms of the transaction were not disclosed.
The acquisition further enhances Orange Cyberdefense's expertise in cyber threat intelligence, Orange said in a statement.
Positive Start Seen For Canadian Stocks
UK Market Roughly Flat; Mining Stocks Move Higher
CAC 40 Climbs Higher For 3rd Straight Day
Sensex Plunges 765 Points On Tariff Worries; Nifty Ends Below 24,400
DAX Modestly Lower After Four-day Winning Streak
European Shares Mixed As Investors Weigh Trump Tariff Impact
Asian Shares Mostly Lower In Cautious Trade; Nikkei Bucks Trend
