04.07.2024 10:56:41 - dpa-AFX: CAC 40 Gains On Election Outcome Optimism; Banks Lead Gainers

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - French stocks rose on Thursday amid
optimism that the far-right National Rally (RN) party would not get a majority
of seats in the French parliament.

France's leftist and centrist parties have pulled hundreds of candidates from
Sunday's high-stakes election in a coordinated attempt to prevent the RN from
ascending to power.

The centrists and the left-wingers hope that their consolidation can prevent a
clean sweep for the RN.

The benchmark CAC 40 was up 57 points, or 0.8 percent, at 7,689 after climbing
1.2 percent the previous day.

Banks topped the gainers list, with BNP Paribas, Credit Agricole and Societe
Generale rallying 2-3 percent.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CAC 40 969400 Paris 7.675,62 05.07.24 18:05:02 -20,16 -0,26% - - 7.720,54 7.675,62
FTSE 100 969378 Financial Times SE 8.203,93 05.07.24 17:35:30 -37,33 -0,45% - - 8.241,26 -
DAX ® 846900 Xetra 18.475,45 05.07.24 17:50:00 +24,97 +0,14% - - 18.450,59 18.475,45
E-STOXX 50 ® 965814 STOXX Ltd. 4.979,39 05.07.24 17:50:00 -8,09 -0,16% 0,000 - 4.993,99 4.979,39

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