{"id":23561,"date":"2022-07-06T09:10:09","date_gmt":"2022-07-06T09:10:09","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/07\/06\/cac-40-rebounds-as-norway-strike-called-off\/"},"modified":"2022-07-06T09:10:09","modified_gmt":"2022-07-06T09:10:09","slug":"cac-40-rebounds-as-norway-strike-called-off","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/07\/06\/cac-40-rebounds-as-norway-strike-called-off\/","title":{"rendered":"CAC 40 Rebounds As Norway Strike Called Off"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks advanced on Wednesday and natural gas prices fell sharply, as an end to strike by Norwegian oil and gas workers eased worries of energy supply crunch.<\/p>\n<p>A major energy crisis in Europe has been averted for now after the Norwegian government reportedly intervened to resolve the dispute over pay.<\/p>\n<p>The benchmark CAC 40 rose 60 points, or a little over 1 percent, to 5,855 after declining 2.7 percent on Tuesday.<\/p>\n<p>Among the top gainers, Capgemini, Essilor Luxottica, Airbus Group, Alstom, Dassault Systemes and L&#8217;Oreal jumped 2-3 percent.  <\/p>\n<p>Car parts maker Faurecia slumped 6.7 percent after Barclays double-downgraded its rating on the stock to &#8220;underweight.&#8221;<\/p>\n<p>Banks declined, with BNP Paribas, Credit Agricole and Societe Generale falling 1-3 percent. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>CAC 40 Rebounds As Norway Strike Called Off<\/a><br \/>\n<br \/>2022-07-06 09:10:09<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks advanced on Wednesday and natural gas prices fell sharply, as an end to strike by Norwegian oil and gas workers eased worries of energy supply crunch. A major&#8230;<\/p>\n","protected":false},"author":2,"featured_media":23562,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-23561","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/23561","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=23561"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/23561\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/23562"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=23561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=23561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=23561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}