CAC 40 Up 0.6%; Hermes International, LVMH Among Top Gainers
(RTTNews) - French stocks are up firmly in positive territory on Tuesday, extending gains from the previous session, following the passage of a short-term funding bill late Monday to end the longest government shutdown in U.S. history.
The bill will now be sent to the House, where a vote could come as early as Wednesday.
The benchmark CAC 40 was up 47.14 points or about 0.6% at 8,102.65 a few minutes ago.
Hermes International is rising 3%. LVMH is gaining 1.75% on reports the luxury group plans to open major stores in China in December and is considering further expansion in the region.
Capgemini is up 1.35%, while Sanofi, Saint Gobain, Dassault Systemes,TotalEnergies, Vinci, Publicis Groupe and Bouygues are up 1 to 1.2%.
Edenred is down 2.3%. Thales is down 0.8%, while Unibail Rodamco, Societe Generale, Safran and Pernod Ricard are down with modest losses.
U.S. Dollar Falls Against Euro, Pound
Swiss Market Ends On Weak Note
European Markets Close Weak On Growth Concerns, Fading Fed Rate Cut Hopes
Canadian Market Rebounds From Early Setback; Technology, Energy Stocks Rise
Bay Street Likely To Open On Weak Note
FTSE 100 Down Sharply As Bond Yields Climb Higher
CAC 40 Sheds About 1.3% On Economic Concerns
