Arab Today, arab today french share prices plunge over 36 on eu budget worries
Last Updated : GMT 04:58:41
Arab Today, arab today
Arab Today, arab today

French share prices plunge over 3.6% on EU budget worries

Arab Today, arab today

Arab Today, arab today French share prices plunge over 3.6% on EU budget worries

French share prices
Paris - KUNA

Share prices plunged over 3.6 percent Wednesday on the Paris Stock Exchange amid nervousness ahead of budget submissions to European Union authorities this week.
France is viewed as in a difficult position to meet EU-set targets for public spending and permissible deficits and Brussels could send the French budget back for revision.
Under EU regulations, member deficits must not exceed 3.0 percent of Gross Domestic Product and France is hovering around the 4.0 percent mark for some time.
The market reflected this nervousness and also a tense international situation with International Monetary Fund (IMF) forecasts warning the world crises would negatively affect trade and growth.
The CAC 40 index of "Blue Chip" shares plummeted 3.63 percent to close at 3,939.72 points, the lowest level since mid-2011, traders at Boursorama Brokerage said.
And volume was sustained and active as operators relinquished positions, the traders said.
Trading volume was just under 6.0 billion Euros (USD 7.5 billion), Boursorama indicated.
The CAC 40 preference share index has now lost over 11.0 percent in a month and has retreated by over 8.0 percent since January 1, 2014.
Big losers on Wednesday, included banks, insurance and industrial shares, led by Alcatel-Lucent, down 6.3 percent, Credit Agricole, off 5.45 percent, GDF Suez, 5.42 percent lower, while AXA, Societe General, Vinci, Airbus and BNP Parisbas were all down by around 5.0 percent.
Meanwhile, the Euro gained ground against the USD, trading up 1.00 percent at USD 1.2786.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today french share prices plunge over 36 on eu budget worries Arab Today, arab today french share prices plunge over 36 on eu budget worries

 



Arab Today, arab today
Arab Today, arab today Ideen Belmahdy happy to be part of “ Fashion Star”

GMT 17:00 2017 Sunday ,26 February

Ideen Belmahdy happy to be part of “ Fashion Star”
Arab Today, arab today 17.4m tourists visit UAE in 2016

GMT 00:47 2017 Monday ,27 February

17.4m tourists visit UAE in 2016
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Ola Ghanem hopes to work with M.Ramadan

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 13:47 2017 Friday ,24 February

Rabia Fatima reveals role of "Facebook" in her career

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday