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CAC 40 Notably Higher As Investors React To Lebanon Ceasefire News

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

French stocks climbed higher on Thursday with the mood turning positive following Israel and Lebanon agreeing to implement a ceasefire. Lower oil prices and comments from U.S. President Donald Trump that U.S.-Iran talks could produce a positive outcome by this weekend contributed as well to the positive mood in the market.

Brent crude futures dropped to around $96 a barrel, losing about 1.6%.

The benchmark CAC 40 was up 67.65 points or 0.83% at 8,218.07 a few minutes past noon.

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