Risk-on mood pushes CAC 1.24% higher

Published: May 27 2023, 08:21 GMT+0

Risk-on mood pushes CAC 1.24% higher

Yesterday at a glance: CAC rose 89.91 points to close at 7,319.18 yesterday which makes for a move of 1.24%.

Meanwhile, Euro Zone CFTC EUR speculative net positions released yesterday at 20:30 UTC with a figure of 173,700, while the previous figure was 187,100. Data for France Jobseekers Total released yesterday at 10:00 UTC is better than expected with 2.80 million, but worse than previous figure of 2.79 million.

CAC shows positive signs, other assets are also on par: Nasdaq is trading around 12,976 after ending yesterday's session at 12,700 (up 2.19% today). S&P 500 is trading around 4,205.45 after ending yesterday's session at 4,151.28 (up 1.3% today).

Meanwhile, after ending yesterday's session at 19,100, Hang Seng lost 353.08 points and is trading around 18,747.

The index has been trending lower for about a month. Having set a significant low of 15.42 8 months ago, CAC 40 is trading 46,782% higher.

Back