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Despite attempting a rebound, the CAC 40 index that tracks the 40 largest French stocks based on the Euronext Paris has shed around half a percent in Wednesday’s trading. Sentiment remained soured by the Middle East tensions as well concerns about the Fed’s guidance on interest rates. <\/p>\n
The CAC-40 is currently trading at 7,659.29, losing 0.32 percent from the previous close of 7,683.73. The day’s trading has been between 7,710.14 and 7,650.88. <\/p>\n
With caution gripping the market, only 10 scrips in the index are trading above the flatline. <\/p>\n
Airbus rallied 1.9 percent followed by Safran that gained 1 percent. <\/p>\n
Kering topped overnight losses with a decline of 3.7 percent. <\/p>\n
Shares of Edenred, Unibail-Rodamco-Westfield and Sanofi, all declined close to 2 percent. <\/p>\n
With the Dollar Index shedding 0.14 percent and falling to 98.69, the EUR\/USD pair has rallied 0.09 percent to 1.1496 percent. The pair ranged between 1.1524 and 1.1475. The EUR\/GBP pair has edged down 0.01 percent to 0.8550. The EUR\/JPY pair has declined 0.13 percent to 166.55. <\/p>\n
In alignment with the global trend of easing bond yields, yields on France’s ten-year bonds decreased 0.18 percent to 3.240 percent from the level of 3.246 percent at the previous close. Yields ranged between 3.270 percent and 3.230 percent. <\/p>\n<\/p>\n
Business News<\/p>\n<\/div><\/div>\n