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  • You will not be guaranteed Negative Balance Protection
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  • 4.Investing through this website does not grant you the protections provided by the FCA.
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Ultima Markets wants to make it clear that we are duly licensed and authorised to offer the services and financial derivative products listed on our website. Individuals accessing this website and registering a trading account do so entirely of their own volition and without prior solicitation.

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I confirm my intention to proceed and enter this website Please direct me to the website operated by Ultima Markets , regulated by the FCA in the United Kingdom

CAC 40 Rebounded as Investor Confidence Recovered 

um editor

UM Editor

August 8, 2024 at 10:45 am

The CAC 40 climbed 1.91% to close at 7,266.01 on Wednesday, halting a four-session decline. The rebound was fueled by diminished concerns about economic contraction and a cautious statement from the Bank of Japan (BoJ) that limited equity selling from carry-trade unwinding. BoJ Deputy Governor Shinichi Uchida reassured markets that they wouldn’t raise interest rates during market instability. 

The banking sector performed particularly well. BNP Paribas, Société Générale, and Credit Agricole saw increases of 2.3% to 3.3%. Other notable performers included Teleperformance, Schneider Electric, Vinci, Edenred, and TotalEnergies, whose shares climbed between 2.9% and 3.7%. 

In domestic news, France’s trade deficit narrowed to €6.1 billion in June 2024, down from a revised €7.7 billion in May and better than the expected €7.5 billion. This marked the smallest trade deficit in three months. The improvement resulted from a 3.4% month-over-month increase in exports to €51.7 billion, while imports decreased by 0.2% to €57.8 billion. 

(CAC 40 Index Six-month Chart) 

Disclaimer  

Comments, news, research, analysis, price, and all information contained in the article only serve as general information for readers and do not suggest any advice. Ultima Markets has taken reasonable measures to provide up-to-date information, but cannot guarantee accuracy, and may modify without notice. Ultima Markets will not be responsible for any loss incurred due to the application of the information provided. 

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  • Ultima Markets UK Limited, referans numarası 470325, Financial Conduct Authority (FCA) tarafından yetkilendirilmiş ve düzenlenmiştir. Kayıtlı adres: One Fleet Place, Londra, EC4M 7WS, Birleşik Krallık.

  • Ang Ultima Markets Ltd ay pinahintulutan at kinokontrol ng Financial Services Commission (FSC) ng Mauritius bilang Full-Service Investment Dealer (hindi kasama ang Underwriting), sa ilalim ng numero ng lisensya GB 23201593.

    Nakarehistrong address: 2nd Floor, The Catalyst, 40 Silicon Avenue, Ebene Cybercity, 72201, Mauritius.

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