10.07.2024 11:09:22 - dpa-AFX: CAC 40 Gains As Parties Begin Talks On Forming Government

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - French stocks eked out modest gains on
Wednesday after French political leaders from the left-wing bloc said they
intended to form a government.

However, centrists pointed out that should play a role as the left lacked a
majority.
The benchmark CAC 40 was up 25 points, or 0.3 percent, at 7,535 after losing 1.6
percent the previous day.

The dollar held firm following cautious but encouraging remarks on inflation by
Federal Reserve Chair Jerome Powell the day before.

In corporate news, Vallourec, a tubular solutions provider, was little changed
despite bagging a contract from TotalEnergies.

Banks were mostly higher, with BNP Paribas and Societe Generale posting modest
gains.



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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 7.517,68 26.07.24 18:05:02 +90,66 +1,22% - - 7.444,41 7.517,68
FTSE 100 969378 Financial Times SE 8.285,71 26.07.24 17:35:29 +99,36 +1,21% - - 8.186,35 -
DAX ® 846900 Xetra 18.417,55 26.07.24 17:50:00 +118,83 +0,65% - - 18.255,35 18.417,55
E-STOXX 50 ® 965814 STOXX Ltd. 4.862,50 26.07.24 17:50:00 +51,22 +1,06% 0,000 - 4.810,87 4.862,50

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