Lethargic CAC 40 fails to breach tight 7,000 – 7,071 range

Published: January 25 2023, 23:11 GMT+0

Lethargic CAC 40 fails to breach tight 7,000 – 7,071 range

A quick look at today: CAC moves 0.09% to close at 7,044 today.

This uncertain state for CAC is reflected by published market data as Germany Business Climate Index matched projections, with new data release of 90.2. Data for France Jobseekers Total released today at 11:00 UTC is better than expected with 2.82 million, but worse than previous figure of 2.81 million. Germany Business Expectations improved upon its previous reading of 83.2 with a new data release of 86.4.

While CAC 40 was pretty flat today, mixed performances were seen elsewhere as KOSPI Composite Index added 1.39% and closed around 2,395.26 today. Hang Seng went up by 1.82% today, and closed at 22,045. ASX 200 slips 0.3% today and closed at 7,490.4.

The index has been trending positively for about a month. CAC 40 hit a significant low of 15.42 around 4 months ago, but has since recovered 45,623%.

Back