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Search resuls for: "France's CAC"


3 mentions found


☆ European stocks mixed as China optimism fades, focus on U.S. mid-terms
  + stars: | 2022-11-08 | by ( Elizabeth Howcroft | Thomson Reuters | Reports On The Intersection Of Finance | ) www.reuters.com   time to read: +4 min
Markets had started the week with a "risk-on" tone, which some analysts attributed to hopes that China could relax its strict COVID-19 lockdown measures. But the move showed signs of losing momentum on Tuesday as Asian stocks saw only small gains. The yuan weakened against the dollar and Chinese stocks slipped as COVID-19 cases rose. European stocks indexes opened in the red, then became mixed. "The market is wanting to cling to any positive news and a market positive Midterm result could mean another risk positive day," RBC said.
☆ European markets slip as traders await this week's Fed meeting
  + stars: | 2022-09-19 | by ( Katrina Bishop Karen Gilchrist | Katrina Bishop | Karen Gilchrist | ) www.cnbc.com   time to read: 1 min
European markets were lower Monday, after a tough week which saw stocks fall across the board. On Monday, major European markets continued their foray into the red. Germany's DAX was 0.7% lower in late-morning trade, France's CAC 40 slipped 1.4% and Italy's FTSE MIB also fell around 1.2%. Spain's IBEX 35 was trading 0.7% lower. The U.K.'s FTSE 100 is closed Monday to mark the funeral of Queen Elizabeth II, due to begin 11 a.m. London time.
☆ France leads European shares lower in mega week for central banks
  + stars: | 2022-09-19 | by ( Shreyashi Sanyal | ) www.reuters.com   time to read: +3 min
The pan-European STOXX 600 index (.STOXX) traded 0.7% lower, while France's CAC 40 index (.FCHI) dropped 1.3%. Shares in TF1 (TFFP.PA) fell 3.2% and M6 (MMTP.PA) declined 4.5% after merger plans between the French TV companies collapsed, as they noted antitrust requests had made the deal irrelevant. Most market participants expect the U.S. central bank to deliver a third straight 75 basis point hike. "Investors seem to be worried about the upcoming central bank meetings," said Patrick Armstrong, chief investment officer at Plurimi Wealth. European markets closed their worst weekly performance in three months on Friday on escalating recession worries amid aggressive central bank tightening.
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