CAC 40 index

Open to close, stocks, data and news

Open to close, stocks, data and news

German economic sentiment improved in November, says Ifo Institute The Ifo Institute’s German business climate index rose to 86.3 points in November from 84.5 in October. “While companies were somewhat less satisfied with their current business, pessimism about the coming months has eased sharply. The recession may prove less severe than many had anticipated,” the …

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European markets open at close, stock movements, news and data

European markets open at close, stock movements, news and data

Stocks in motion: Virgin Money up 13%, IDS down 5% blank silver shares jumped more than 13% to lead the Stoxx 600 in early trading after the company announced an increase in pre-tax profit for financial year 2022 and announced a £50m share buyback program ($59.4 million). At the bottom of the index, stocks International …

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Open at close after a big week for earnings and monetary policy

Open at close after a big week for earnings and monetary policy

Stocks in motion: Adidas up 20%, Leonardo down 7% German sportswear brand Adidas jumped 20% to the top of the Stoxx 600 in afternoon deals on Friday after announcing new collaborations following its split from artist Kanye West. At the other end, Italian aerospace and defense company Leonardo fell 7% after it released its full-year …

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European markets open at close, investors focus on next Fed move

European markets open at close, investors focus on next Fed move

Stocks in motion: Maersk down 7%, Vestas up 7% Danish hearing care company Demant fell more than 12% in the early afternoon to the bottom of the Stoxx 600 after its preliminary third-quarter earnings report. Maersk, the world’s largest container shipping company, saw its shares tumble more than 7% after posting record third-quarter profits due …

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European markets open at close, results, data and news

European markets open at close, results, data and news

Expect the unexpected with gasoline prices, says EDP CEO According to Miguel Stilwell d’Andrade, CEO of Portuguese electricity utility company EDP, “expect the unexpected” when it comes to gas prices. Andrade’s Stilwell made the comments on CNBC’s “Squawk Box Europe” while discussing EDP’s third quarter results and energy market turmoil. OMV shares gain 10% as …

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European markets fall as political chaos in the UK continues

European markets fall as political chaos in the UK continues

Pound drops further as UK PM contest begins UK public sector borrowing stands at £20bn Public sector borrowing reached £20 billion ($22.2 billion) in the UK in September, up from £11.8 billion in August, according to the Office for National Statistics. It is the second highest September borrowing figure since monthly records began in 1993. …

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European markets close higher after UK fiscal reversal;  Holcim grows by 2.6%

European markets close higher after UK fiscal reversal; Holcim grows by 2.6%

European markets close higher; lower energy and basic resources Lafarge Cement to Plead Guilty for ISIS Payments; owner Holcim earns 2.6% A view of a Lafarge cement plant in Paris, France, September 8, 2021. Julien Mattia | Anadolu Agency | Getty Images French cement company Lafarge SA will plead guilty and pay a $777.8 million …

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