CURRENCYCOM:FR40
FR40 is long now no rati pas !!!
The CAC 40 Index fell over 1% to a fresh 19-month low of 5,664 on Wednesday, extending losses for the fourth straight session, plagued by the specter of recession, soaring inflation and global monetary tightening, as well as renewed tension between Russia and Western countries. At the same time, the energy crisis in Europe intensified after rumors of sabotage against the Nord Stream gas pipelines. Almost all sectors were trading deeply in the red, with both ArcelorMittal and STMicroelectronics losing over 5%. Also, the heavyweight financial sector and real estate companies were among the worst performers.
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