Trading EconomicsTrading Economics

French Stocks Halt 5-Day Losing Streak

The CAC 40 index gained some ground and closed 0.5% up at 6,678 on Friday, breaking a streak of five sessions of losses, in line with its European peers.

Optimism around the Chinese economy was overshadowed by growing recession fears.

Investors will be looking for key monetary policy decisions from the ECB, the Fed and the BoE next week for clues about the future direction of monetary policies and the global economic outlook.

On the corporate front, large industrial Saint Gobain (+3.5%) advanced the most, followed by Veolia Environment (+3%), Alstom (+2.3%), Credit Agricole (+2.3%), Unibail-Rodamco (+2.2%) and Capgemini (+2.2).

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