CAC 40 rises as Omicron’s fear subsides


French stocks soared on Tuesday as Omicron’s concerns subsided and the People’s Bank of China released about 1.2 trillion yuan ($ 188 billion) of liquidity into the financial system through lowering the reserve requirement ratio of most banks.

Benchmark CAC 40 rose 125 points (1.8%) to 6,991 after rising 1.5% in the previous session.

Veolia fell by about 1%, and Suez fell slightly after the merger of CMA discovered that the merger could lead to a loss of competition in the supply of some waste and water management services in the UK. ..

Worldline rose 1.6% as Eurobank, one of Greece’s four largest creditors, agreed to sell 80% of the merchants it acquired. jobs To a French payment company.

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CAC 40 rises as Omicron’s fear subsides

Source link CAC 40 rises as Omicron’s fear subsides

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