Advertisement
CAC 40 Declines As Investors Await Putin's Speech On Ukraine War
(RTTNews) - French stocks declined on Tuesday, with rising geopolitical tensions and interest-rate worries keeping investors nervous.
Russian President Vladimir Putin will shortly make a speech on the war in Ukraine, which he continues to call a "special military operation."
The benchmark CAC 40 was down 60 points, or 0.9 percent, at 7,273 after declining 0.2 percent in the previous session.
Energy company Engie SA soared nearly 5 percent after reporting a jump in 2022 earnings and lifting its dividend payout by 65 percent, thanks to higher natural gas and power prices in the wake of supply disruptions and Western sanctions on Russian gas.
IT consulting group Capgemini edged down slightly despite delivering another record performance in 2022.
In economic releases, investors ignored survey results showing that French economic activity moved back into growth territory in February for the first time since October.
DAX Down Marginally In Cautious Trade
European Shares Edge Lower On US Debt Concerns
Asian Shares Drift Lower After US Credit Rating Downgrade
China Industrial Output Growth Tops Expectations; Retail Sales Disappoint
Thai Downgrades GDP Growth Outlook
European Shares Likely To Drift Lower On Concerns About US Debt
Fijian Import & Export Recalls Ready-To-Eat Meat Pie Products
