CAC 40 Edges Higher In Lackluster Trade
(RTTNews) - French stocks were seeing modest gains on Monday despite lingering worries about interest rates and fresh concerns about China's debt-laden property sector.
The benchmark CAC 40 was up 21 points, or 0.3 percent, at 7,361 after declining 1.3 percent on Friday.
Banks BNP Paribas, Credit Agricole and Societe Generale were up between 0.7 percent and 0.9 percent.
Eurozone government bond yields edged higher, with Germany's 10-year government bond yield hovering near a one-month high as investors assessed upside risks to the inflation outlook.
Automaker Renault edged up slightly after Tesla Inc cut prices in China for its Model Y long-range and performance versions starting on Aug. 14.
Asian stocks ended mostly lower earlier in the day on China growth concerns while U.S. stock futures rose ahead of a spate of economic data due in the coming days.
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
