Published on Nov 2, 2023 at 12:31 p.m.Updated Nov. 2, 2023 at 9:18 p.m.
The month of November begins under happy auspices for the world stock markets. The rebound intensified on Thursday following the decision of the American Federal Reserve. The central bank has decided to keep its monetary tightening cycle on hold. Buoyed by investor optimism, the CAC 40 index rose above the threshold of 7,000 points. It finished up 1.85% at 7,060 points.
Like the pan-European Stoxx 600 index, it recorded a fourth consecutive session of increase, a series not seen since mid-July in both cases. The Parisian index is heading towards its first week of progression (+ 3.9%) after six consecutive weeks of decline, its longest period in the red since 2011 and the debt crisis in the euro zone.