CAC 40 Climbs Higher On Ukraine Ceasefire Optimism

RTTNews | 70日前
CAC 40 Climbs Higher On Ukraine Ceasefire Optimism

(RTTNews) - French stocks are up firmly Wednesday morning, recovering from recent losses, as optimism about a ceasefire in Ukraine is contributing to the positive mood in the market.

Kyiv has reportedly agreed to a US-proposal for an "immediate, interim 30-day ceasefire" if Russia agrees to the terms.

"A while ago, Ukraine has agreed to the ceasefire. Now we go to Russia and hopefully President Putin will agree to it also," U.S. President Trump said soon after the Jeddah announcement.

The benchmark CAC 40, which advanced to 8,046.01, was up 87.75 points or 1.1% at 8,029.66 a few minutes ago.

Safran, Saint-Gobain, Schneider Electric, Airbus Group, AXA and Unibail Rodamco are gaining 2 to 2.5%.

Capgemini and Hermes International are up nearly 2%. BNP Parbias is gaining 1.8%, Legrand is up 1.7% and Vinci is rising 1.5%. Renault, Air Liquide, Accor, Essilor, Pernod Ricard, Sanofi and Vivendi are advancing 1 to 1.3%.

Societe Generale, Teleperformance, Veolia, Engie, Eurofins Scientific, Danone, TotalEnergies and Credit Agricole are up 0.5 to 0.9%.

STMicroElectronic is declining 2.3%. Edenred is down 2% and ArcelorMittal is down by about 1%. Kering, Carrefour and Publicis Group are modestly lower.

read more
Japan Core Machinery Order Data Due On Thursday

Japan Core Machinery Order Data Due On Thursday

apan will on Thursday release March figures for core machinery orders, highlighting a busy day for Asia-Pacific economic activity. Orders are expected to slip 1.5 percent on month and 2.5 percent on year after rising 4.3 percent on month and 1.5 percent on year in February.
RTTNews | 19分前
Pound Advances After U.K. Inflation Data

Pound Advances After U.K. Inflation Data

The pound was higher against its major counterparts in the New York session on Wednesday, after data showing an acceleration in consumer price inflation in the month of April.
RTTNews | 3時26分前
Swiss Markets Ends Modestly Lower

Swiss Markets Ends Modestly Lower

The Switzerland market ended lower on Wednesday after languishing in negative territory right through the day's trading session, as concerns about trade and geopolitical uncertainty rendered the mood cautious, prompting investors to refrain from making significant moves.
RTTNews | 5時6分前
European Stocks Close On Mixed Note Amid Geopolitical, Trade Uncertainty

European Stocks Close On Mixed Note Amid Geopolitical, Trade Uncertainty

European stocks turned in a mixed performance on Wednesday after a cautious session as investors awaited clarity on the trade front. The impasse in Ukraine peace talks and data showing a bigger than expected increase in UK inflation weighed on sentiment. A downward revision in U.S. federal deficit weighed as well.
RTTNews | 5時43分前
Bay Street Seen Opening On Mixed Note

Bay Street Seen Opening On Mixed Note

Canadian shares are likely to open on a mixed note Wednesday morning. Weak European stocks, concerns about U.S. debt, impasse over peace talks and a lack of progress in trade negotiations may weigh on sentiment. Firm bullion and crude oil prices could trigger buying in resources sectors and limit market's downside.
RTTNews | 10時23分前
UK Inflation Strongest Since Early 2024 On Household Bills, Employer Tax

UK Inflation Strongest Since Early 2024 On Household Bills, Employer Tax

UK consumer price inflation accelerated sharply to the highest level in more than a year in April due to higher domestic bills and the hike in employers' taxes, official data revealed on Wednesday. The consumer price index rose by a bigger-than-expected 3.5 percent year-on-year in April, which was faster than the 2.6 percent increase in March, the Office for National Statistics reported.
RTTNews | 11時14分前
FTSE 100 Down Marginally As Investors Focus On Inflation Data, Earnings

FTSE 100 Down Marginally As Investors Focus On Inflation Data, Earnings

U.K. stocks are marginally down on Wednesday amid concerns over an impasse in Russia-Ukraine peace talks, a lack of progress in trade negotiations, and data showing an acceleration in British consumer price inflation in the month of April. Investors are also reacting to some corporate earnings announcements.
RTTNews | 11時21分前