European stock markets continued their sustained rise on Friday, reaching new highs. Central bank policies and the positive outlook for Europe’s economic recovery were positive.
European stock markets continued to rise on Friday, setting new records.
of paris stock exchange The stock continued its upward momentum on Friday morning with its sixth consecutive increase (+0.42%).of CAC40 The index rose to 8,221.78 points At around 9:15 a.m., it was close to 8,253.59 points, its highest since March 28.
Around 2pm it was standing 8,249.02 points (+0.75%). In the first four sessions of the week, CAC 40 rose 2.89%, It was the best weekly performance since the end of January 2024.
In the bond market, French government bond yields fell, mirroring the trend observed at the close of US trading on Thursday. The 10 year yield is 2.95%down from Thursday’s closing rate of 2.98%.
rebound in uk
In Frankfurt, dachshund Although it increased by 0.34%, London rose 0.35%, and both stock markets hit new trading highs.
This trend was further reinforced by factors such as: UK economic recoverysaw Growth exceeds expectations in the first quarterAccording to data released on Friday.
The British Isles has emerged from technological recession. The economic growth rate in the first quarter was 0.6%; This was higher than economists’ expectations of 0.4%.
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