CAC-40 Falls As Growth Concerns Deepen
(RTTNews) - Disappointment over weak economic data from Europe and elsewhere dampened equity market enthusiasm, dragging the CAC-40 more than 0.75 percent. Rising global crude oil prices, tumbling Factory Orders in Germany and falling Retail Sales in the Euro Area added to the disappointment over PMI readings released earlier.
The CAC-40 is currently trading at 7,198.94, shedding 0.77 percent from the previous close. The day's trading has been between 7,182.13 and 7220.58.
Only 10 of the 40 scrips in the index are currently trading in positive territory.