CAC 40 Rises Led By Banks

RTTNews | 1 dag sedan
CAC 40 Rises Led By Banks

(RTTNews) - French stocks edged higher on Friday and the euro was seeing marginal gains against the U.S. dollar as trading resumed after the Christmas holidays.

The benchmark CAC 40 was up 21 points, or 0.3 percent, at 7,304 in cautious trade. Banks traded higher, with BNP Paribas, Credit Agricole and Societe Generale rising 1-2 percent amid a surge in regional government bond yields.

Germany's 10-year bond yield hit 2.346 percent, a peak since late November, in response to a surge in U.S. Treasury yields following a successful seven-year auction.

The yield spread with French bonds widened amid concerns over the country's fiscal deficit.

France's new premier Francois Bayrou has vowed to sharply narrow the nation's deficit to close to 5 percent of GDP, a level his predecessor unsuccessfully tried to reach.

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TSX Ends Modestly Lower

TSX Ends Modestly Lower

https://money.tmx.com/canadian-markets https://www.rttnews.com/3499633/bay-street-likely-to-open-slightly-higher.aspx?type=cn
RTTNews | 22h 56minuter sedan
Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

The Switzerland market closed on a firm note on Friday, in line with markets across Europe, as investors picked up stocks from across several sectors. The benchmark SMI closed up 101.06 points or 0.88% at 11,589.34, slightly off the day's high of 11,597.29.
RTTNews | 1 dag sedan
European Markets Close Higher

European Markets Close Higher

European stocks closed higher on Friday, as investors made some purchases at several counters as markets resumed trading after Christmas holidays. Activity was a bit subdued in most of the markets in the region amid a lack of triggers, and ahead of the New Year holidays coming up next week.
RTTNews | 1 dag sedan