The Paris Stock Exchange Marked by Rising Oil and Borrowing Rates, Hermès Dives
6 Articles
6 Articles
The Paris Stock Exchange falls on Thursday 22 October, penalised by rising oil prices and French borrowing rates, which exceed 5%. The luxury sector is also under pressure after disappointing results from Hermes.
At around 10:00 a.m. (Paris time), the CAC 40 lost 1.16% to 7.827.92 points, a decline of 94.63 points. The previous day, it had taken 1.06 %. The European markets face "an additional contrary wind with the continuation of the increase in energy prices", according to Andreas Lipkow, analyst for CMC Markets. The French borrowing rate blazes to 5.08 % This movement "maintains fears of an increase in inflation among investors", which causes a furth…
Follow, up to the minute, the evolution of the market this Thursday.
European equities retreated at the end of Thursday's dealings, with renewed concerns about artificial intelligence assessments following the disappointing results of some major American technology companies, triggering a global sales wave of sector shares, in conjunction with rising oil prices and mounting pressures on the French bond market. The French Çak 40 index issues a 1.39% retrenchment list, losing 110 points of its value... the post's E…
The World Stock Exchanges marked by technology and oil, a new surge in French rates.
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