French CAC up 0.79% driven by financials and luxury stocks, despite trade war tensions.

From Nasdaq: 2025-03-14 06:50:09

French stocks are up, led by financials and luxury sectors, amidst trade war tensions. Putin supports ceasefire proposal in Ukraine, but doubts U.S.-brokered ceasefire. CAC up 0.79% at 8,000.71. Thales and L’Oreal up nearly 3.5% and 3.25% respectively. Kering plunges over 10% as Georgian designer set to exit Balenciaga for Gucci. France’s inflation falls below 1% for the first time since early 2021, with consumer price inflation at 0.8% in February. EU harmonized inflation halves to 0.9%. Core inflation softens to 1.3% in February from 1.4% in January.



Read more at Nasdaq: CAC Moderately Higher In Cautious Trade