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08.07.2024 11:08:21 - dpa-AFX: CAC 40 Gains As Elections End Up With No Clear Majority
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - French stocks climbed on Monday after a
shock defeat for the far-right National Rally in France.
A leftist coalition surged to take the most seats in parliament in the second
round of elections, but no single political faction got even close to the
majority needed to form a government, creating political mayhem that has
undermined the president's power and shaken the foundations of the European
Union's second-largest economy.
Meanwhile, investors grew more confident about a September U.S. rate cut
following last week's softer-than-expected jobs data.
The benchmark CAC 40 was up 67 points, or 0.9 percent, at 7,742 after declining
0.3 percent on Friday.
Banks rallied, with BNP Paribas, Credit Agricole and Societe Generale rising 1-2
percent.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
shock defeat for the far-right National Rally in France.
A leftist coalition surged to take the most seats in parliament in the second
round of elections, but no single political faction got even close to the
majority needed to form a government, creating political mayhem that has
undermined the president's power and shaken the foundations of the European
Union's second-largest economy.
Meanwhile, investors grew more confident about a September U.S. rate cut
following last week's softer-than-expected jobs data.
The benchmark CAC 40 was up 67 points, or 0.9 percent, at 7,742 after declining
0.3 percent on Friday.
Banks rallied, with BNP Paribas, Credit Agricole and Societe Generale rising 1-2
percent.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
| Name | WKN | Börse | Kurs | Datum/Zeit | Diff. | Diff. % | Geld | Brief | Erster | Schluss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
CAC 40 | 969400 | Paris | 7.586,55 | 18.07.24 18:05:02 | +15,74 | +0,21% | - | - | 7.606,24 | 7.570,81 |
|
FTSE 100 | 969378 | Financial Times SE | 8.204,89 | 18.07.24 17:35:30 | +17,43 | +0,21% | - | - | 8.187,46 | - |
|
DAX ® | 846900 | Xetra | 18.354,76 | 18.07.24 17:50:00 | -82,54 | -0,45% | - | - | 18.439,33 | 18.437,30 |
|
E-STOXX 50 ® | 965814 | STOXX Ltd. | 4.870,12 | 18.07.24 17:50:00 | -21,34 | -0,44% | 0,000 | - | 4.902,41 | 4.891,46 |
