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11.07.2024 11:05:26 - dpa-AFX: CAC 40 Inches Higher As Macron Urges Mainstream Coalition
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - French stocks rose on Thursday as
lawmakers make attempts to break the political deadlock.
In a text published regional press on Wednesday, President Emmanuel Macron put
responsibility on parliament to negotiate a broad coalition reflecting France's
'republican institutions'.
'No political force has obtained a sufficient majority on its own and the blocs
or coalitions that emerge from these elections are all in the minority,' he
said.
Investors also reacted to Fed Chair Jerome Powell's balanced remarks on the
timing of possible rate cuts and looked ahead to the release of U.S. inflation
data later in the day for further direction.
The benchmark CAC 40 was up 52 points, or 0.7 percent, at 7,625 after gaining
0.9 percent the previous day.
Media group Vivendi rallied more than 3 percent after JP Morgan placed the stock
on its 'positive catalyst watch'.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
lawmakers make attempts to break the political deadlock.
In a text published regional press on Wednesday, President Emmanuel Macron put
responsibility on parliament to negotiate a broad coalition reflecting France's
'republican institutions'.
'No political force has obtained a sufficient majority on its own and the blocs
or coalitions that emerge from these elections are all in the minority,' he
said.
Investors also reacted to Fed Chair Jerome Powell's balanced remarks on the
timing of possible rate cuts and looked ahead to the release of U.S. inflation
data later in the day for further direction.
The benchmark CAC 40 was up 52 points, or 0.7 percent, at 7,625 after gaining
0.9 percent the previous day.
Media group Vivendi rallied more than 3 percent after JP Morgan placed the stock
on its 'positive catalyst watch'.
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 | 7.474,94 | 30.07.24 18:05:02 | +31,10 | +0,42% | - | - | 7.461,61 | 7.443,84 |
|
FTSE 100 | 969378 | Financial Times SE | 8.274,41 | 30.07.24 17:35:29 | -17,94 | -0,22% | - | - | 8.292,35 | - |
|
DAX ® | 846900 | Xetra | 18.411,18 | 30.07.24 17:50:00 | +90,51 | +0,49% | - | - | 18.363,93 | 18.320,67 |
|
E-STOXX 50 ® | 965814 | STOXX Ltd. | 4.841,00 | 30.07.24 17:50:00 | +25,61 | +0,53% | 0,000 | - | 4.830,52 | 4.815,39 |
