CAC 40 Subdued On Budget Worries
(RTTNews) - French stocks traded lower on Friday, a day after the country's borrowing costs rose above those of Greece for the first time amid ongoing issues in politics and a weakening economy.
Meanwhile, preliminary data showed France's harmonized inflation rate rose 1.7 percent in November from 1.6 percent in October -matching expectations and remaining well below the European Central Bank's 2 percent target. Euro zone inflation data is due later in the day.
The benchmark CAC 40 was down 12 points, or 0.2 percent, at 7,168 after adding half a percent the previous day.
Automaker Renault was moving lower on concerns that Donald Trump's tariffs may destabilize the auto industry supply chains and raise costs.
China-related LVMH and Hermes were seeing modest losses despite growing expectations for new stimulus ahead of a key policy meeting in China next month.
Sensex, Nifty Set To Open Lower As New U.S. Tariffs Take Effect
Swiss Market Settles Modestly Higher
Japanese Market Notably Higher
Thai Bourse May Halt Losing Streak On Thursday
Australian Market Slightly Lower
Indonesia Shares Tipped To Open In The Green
Hong Kong Shares Poised To End Two-Day Slide
