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The edge of CAC 40 rises as the federal government promises support

French stocks rose on Friday after being guaranteed by Fed Chairman Jerome Powell. market U.S. central bank continues to support the world’s largest Economy Without causing inflation.

Benchmark CAC 40 rose 14 points (0.2%) to 6,180 after rising 0.3% on Thursday.

Rail company Getlink SE has fallen slightly. The company announced that Le Shuttle Freight in March shipped 122,832 trucks. This is a 2% decrease from last year’s 124,804 trucks.

Airbus’ share surged 3% after aircraft manufacturers announced last month that they had stepped up aircraft deliveries.

According to data from the Statistics Bureau of INSEE, French mining and industrial production fell 4.7% month-on-month in February, following a 3.2% increase in January. Economists predicted a profit of 0.5%.

Manufacturing output fell 4.6% after a 3.3% increase last month. Year-on-year, mining and manufacturing production shrank 6.6% and manufacturing production plummeted 7.1%.

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The edge of CAC 40 rises as the federal government promises support

Source link The edge of CAC 40 rises as the federal government promises support

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