Risk-on mood pushes CAC 40 1.24% higher

Published: May 27 2023, 00:25 GMT+0

Risk-on mood pushes CAC 40 1.24% higher

A quick look at yesterday: 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 from France concerning Jobseekers Total was released yesterday at 10:00 UTC. Newly published figures emphasized continued decline from last month's figure of 2.79 million to 2.80 million this month.

Other markets are also showing gains as Nasdaq is trading around 12,976 after ending yesterday's session at 12,700 (up 2.19% today). S&P 500 moves up 1.3% yesterday and closed at 4,151.28.

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. 8 months ago, CAC 40 fell to a low of 15.42 but has since recovered 46,782%.

Back