23.05.2024 11:00:48 - dpa-AFX: CAC 40 Little Changed As Private Sector Activity Data Disappoints

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - French stocks were little changed on
Thursday as a survey showed France's private sector unexpectedly contracted in
May after returning to growth in the previous month.

The headline HCOB flash composite output index dropped to 49.1 in May from 50.5
in April. The reading was forecast to climb to 51.0.

The reduction in overall activity was broad-based by sector, although it was
primarily a fresh downturn in services activity that pulled the headline index
back below the critical 50.0 threshold.

The services Purchasing Managers' Index posted 49.4 in May, down from 51.3 in
April and economists' forecast of 51.8.

Meanwhile, the manufacturing PMI rose to a three-month high of 46.7 from 45.3 in
the previous month.

The benchmark CAC 40 was marginally higher at 8,098 after losing 0.6 percent in
the previous session.



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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 7.503,27 14.06.24 18:05:02 -204,75 -2,66% - - 7.685,50 7.503,27
FTSE 100 969378 Financial Times SE 8.146,86 14.06.24 17:35:29 -16,81 -0,21% - - 8.163,67 -
DAX ® 846900 Xetra 18.002,02 14.06.24 17:50:00 -263,66 -1,44% - - 18.267,68 18.002,02
E-STOXX 50 ® 965814 STOXX Ltd. 4.839,14 14.06.24 17:50:00 -96,36 -1,95% 0,000 - 4.942,82 4.839,14

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