LONDON: The Paris CAC 40 stocks index of leading French companies hit a record high above 7,500 points at the start of trading Friday, extending its recent rally to all-time highs.
After briefly breaching the landmark, the CAC eased back to 7,495.29 points, still a gain of 0.2 percent compared with Thursday’s close. Frankfurt and London also rose at the open.
Paris has won strength in recent sessions on easing inflation and recession concerns – and thanks to some strong earnings, including Thursday from luxury group LVMH.
European stocks climb at open, before US inflation
London’s benchmark FTSE 100 index struck a record above 8,000 points in February.
It traded Friday at 7,855.10 points, a gain of 0.2 percent on Thursday’s closing level.
Frankfurt’s DAX index was up 0.3 percent at 15,775.52.
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