LONDON – European stocks were on Tuesday afternoon, with all eyes on France after that The resignation of Prime Minister Sebastian Lecorno The country fell into a new political crisis.
General Europe Stoxx 600 The index increased by 0.2 % by 12:10 pm in London (7:10 am), with most of the main sectors and Porters in positive lands.
France is firmly focused this week after the sudden departure of Lecorno on Monday, which came just one day after his appointment to the government cabinet and only 27 days in the job.
In a sudden development on Monday evening, French President Emmanuel Macron Lecorno gave another 48 hours to “final discussions” with competing parties to try to break the impasse. Licoreno wrote to X that he would report to the president on Wednesday evening on any possible breakthrough “so that he can extract all the necessary conclusions.”
The markets shook the resignation of Lecorno. France CAC 40 The index closed 1.3 % less on Monday, after some previous losses were exposed. French banks were among those who led the decreases Public communityand BNP Paribas and Agricole All of them are more than 3 % when the markets were closed.
Several French stocks flourished to a positive area on Tuesday. Luxury brands led the road with Malik Gucci dry A 6.6 % increase shortly after midday, such as Christian Dior He added 3.9 % and the luxury giant LVMH 3.5 % increased. Car maker RenaultAnd at the same time, advanced 1.7 %.
Los Angeles view to defend the banks of the Seine, with the center’s defense tower and the Alto Tower.
Henrik Campus AFP | Gety pictures
Spanish energy benefit Naturegy 3.6 % decreased, then, then Declare She was selling about 3.5 % of her shares as she looks to join MSCI indices.
Elsewhere, print data on German factory orders markets with great disappointment. In August, new requests in the manufacturing sector decreased by 0.8 % from the previous month, according to the Federal Statistical Office in Germany. Reuters analysts expected a monthly increase of 1.1 %.
In corporate news, British oil giant coincidence He said on Tuesday that she expects trading in the gas department to be “much higher” in the third quarter of this year compared to the second quarter. However, the company also said in an update that it was pricing at $ 600 million of the cancellation of the Rotterdam Biofuels project. Shell shares increased by 1.6 % on Tuesday.
Global markets
Futures in the United States Little changed on Tuesday after Wall Street started in the new trading week with its highest fresh levels, which are fueled by enthusiasm over a possible acceleration in the activity of integration, the activity of acquisitions and reduced the expected Federal Reserve rate.
The record market comes as it seems that investors are implementing fears associated with Close the current US government This is now in the second week.
The closure delayed the issuance of the main economic data, such as the September Junction Report, which was expected on Friday, and thus reduced the amount of information available to the grades provided before the next interest rate decision.
The longest closure comes, along with this data, at a time when the risks remain on the labor market and inflation on top.
in Asia and Pacific Markets Overnight, Japan Nikki 225 He set a record on Tuesday in the second consecutive round, which the Tech Rallly raised in Wall Street.
– Pia Singh of CNBC contributed to this market report.
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