CAC 40 Climbs After ECB's Dovish Rate Hike

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CAC 40 Climbs After ECB's Dovish Rate Hike
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BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - French stocks advanced on Friday after the European Central Bank signalled that Thursday's rate hike could be the last hike in the current cycle. Improved retail

The benchmark CAC 40 was up 105 points, or 1.4 percent, at 7,413 after climbing 1.2 percent the previous day.The company announced that channel programmer and distributor wedotv has launched a new FAST channel platform for audiences in Italy via Eutelsat's HOTBIRD satellites.

Luxury stocks were moving higher, buoyed by more stimulus measures from China. Kering jumped 2.7 percent, LVMH added 3.5 percent and Hermes rose 2 percent. Vinci SA, a concessions and construction firm, gained 1.3 percent after its unit, Vinci Construction Grands Projets, has bagged a 160 million euros contract to design and build a 180,000 m3 liquefied natural gas or LNG tank in The Netherlands.Copyright RTT News/dpa-AFXMegatrend Künstliche IntelligenzSteigen Sie jetzt ein und nutzen Sie die einmalige Chance, die Ihnen die KI-Revolution bietet! Wir zeigen Ihnen 3 ETFs für zukunftsorientierte Anleger.

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