CAC 40 Edges Higher In Cautious Trade
(RTTNews) - French stocks rose slightly on Thursday and the euro hovered near a one-year high against the dollar as Europe's resilient economy contrasted with the baking turmoil and an impending recession in the United States.
The benchmark CAC 40 was up 31 points, or 0.4 percent, at 7,497 after declining 0.9 percent the previous day.
TotalEnergies fell about 1 percent after oil prices fell nearly 4 percent overnight on demand worries.
Drug maker Sanofi edged up slightly after posting better-than-expected results for the first quarter and backing its earnings view.
Spirits group Pernod Ricard was little changed despite reporting a decline in third-quarter sales.
Schneider Electric added 1.6 percent after reporting a rise in Q1 revenue and lifting its FY23 organic growth view.
Canadian Dollar Falls Against Most Majors
Canadian Market Modestly Higher; Technology Stocks Among Notable Gainers
Swiss Market Ends Marginally Up
Major European Markets Close On Mixed Note
Positive Start Seen For Canadian Stocks
UK Market Roughly Flat; Mining Stocks Move Higher
CAC 40 Climbs Higher For 3rd Straight Day
