News Formal

European Stocks End at Over-One-Month High, Bank Stocks Drive Gains Amid French Political Uncertainty

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 3 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 98%

Finance News

European Stocks,French Politics,Banking Sector

European stocks reached a more than one-month high, influenced by strong performances in the banking sector and the hope of a new budget in France following the fall of the prime minister's government. The Cac 40 index in Paris saw a modest increase of 0.3% despite ongoing political instability. The Iseq gained 0.6%, with significant contributions from Ryanair and Irish banks. However, the FTSE 100 and FTSE 250 showed minimal changes, and the personal goods sector witnessed a robust 3.3% increase.

European stocks closed at a more than one-month high, boosted by gains in bank stocks amid hopes of a new budget passing in France post-prime minister Michel Barnier's government collapse. Despite political uncertainty in France, the Cac 40 index in Paris saw a 0.3% rise on Thursday. The Iseq climbed 0.6%, with Ryanair, AIB, and Bank of Ireland performing well. Meanwhile, the FTSE 100 index remained unchanged, while the FTSE 250 showed no change. The personal goods sector posted a 3.

3% increase, led by Watches of Switzerland

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European real estate stocks surge, as global trading eyes strong finishPan-European STOXX 600 jumps 1.2%, best daily performance in two months
Source: IrishTimesBiz - 🏆 6. / 77 Read more »

European stocks gain even as US steadies after Trump surgeBanks lead Dublin market higher.
Source: IrishTimes - 🏆 3. / 98 Read more »

European stocks lag US by record margin as ‘Trump trade’ bitesEuro has tumbled as investors worry currency bloc will be on front line of trade war
Source: IrishTimes - 🏆 3. / 98 Read more »

European shares edge higher as energy and defence stocks make gainsGeopolitical tensions underpinned demand for safe-haven assets
Source: IrishTimes - 🏆 3. / 98 Read more »

Strong tech stocks boost European shares at closeS&P 500 and Dow Jones Industrial Average notched record highs in shortened Black Friday sessions
Source: IrishTimes - 🏆 3. / 98 Read more »