28.06.2024 10:59:55 - dpa-AFX: CAC 40 Drifts Lower Before Elections

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - French stocks traded lower on Friday
ahead of the upcoming parliamentary elections.

The latest polls show a first-round national election win for far-right parties.

Meanwhile, France's consumer price inflation eased in June to the lowest level
in nearly three years amid a slowdown in costs for food and energy, a
provisional estimate from the statistical office INSEE showed.

The consumer price index climbed 2.1 percent year-over-year in June, following a
2.3 percent rise in the previous month.

Further, this was the weakest inflation since August 2021, when prices had risen
1.9 percent.

EU-harmonized inflation eased slightly to 2.5 percent from 2.6 percent in the
prior month.

A separate official report showed that producer prices declined for the sixth
straight month in May.

The benchmark CAC 40 was down 30 points, or 0.4 percent, at 7,501 after dropping
1 percent the previous day.



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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 7.495,50 02.07.24 12:52:15 -65,63 -0,87% - - 7.517,65 7.561,13
FTSE 100 969378 Financial Times SE 8.136,38 02.07.24 12:52:27 -30,38 -0,37% - - 8.166,76 -
DAX ® 846900 Xetra 18.107,68 02.07.24 12:52:27 -182,98 -1,00% - - 18.286,86 18.290,66
E-STOXX 50 ® 965814 STOXX Ltd. 4.880,95 02.07.24 12:52:15 -49,04 -0,99% 0,000 - 4.918,21 4.929,99

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