"The Guardian" declare : France's stock market hits nine-year high as election cheers investors - business live
collected by :Jack Luxorcollected by :Jack Luxor
All the day's economic and financial news, as investors welcome the prospect of Emmanuel Macron becoming France's next president
as mentioned in Elsewhere, Germany's DAX is 2.1% higher, while Italy's FTSE MIB and Spain's IBEX are both 3.2% in positive territory. Equities have followed the euro higher, with France's benchmark CAC 40 index opened a staggering 4% up, while indexes across the continent are seeing gains of 2-3%. The country's three biggest banks, Credit Agricole, Societe Generale, and BNP Paribas, are higher by 9,7%, 9.2%, and 8% respectively. Here is how the CAC looks just a couple of minutes after the open:While all but one stock on the CAC is in positive territory, it is France's financial sector seeing the biggest gains in early trade. Here is the scoreboard:Outside of Europe, US stock futures are also benefitting significantly from Macron's first round performance, with all three major indexes seen to open higher by around 0.9% later on in the day.
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All the day's economic and financial news, as investors welcome the prospect of Emmanuel Macron becoming France's next president
as mentioned in Elsewhere, Germany's DAX is 2.1% higher, while Italy's FTSE MIB and Spain's IBEX are both 3.2% in positive territory. Equities have followed the euro higher, with France's benchmark CAC 40 index opened a staggering 4% up, while indexes across the continent are seeing gains of 2-3%. The country's three biggest banks, Credit Agricole, Societe Generale, and BNP Paribas, are higher by 9,7%, 9.2%, and 8% respectively. Here is how the CAC looks just a couple of minutes after the open:While all but one stock on the CAC is in positive territory, it is France's financial sector seeing the biggest gains in early trade. Here is the scoreboard:Outside of Europe, US stock futures are also benefitting significantly from Macron's first round performance, with all three major indexes seen to open higher by around 0.9% later on in the day.
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Blockchain could change the way the stock market operates
Stock Transfer Agents are the centralized registrars in the background that track share ownership for issuers and the stock market. The application of blockchain technology could take the modernization of the stock market one step further. THE BACKBONE OF TODAY'S MARKETOver 400 years later, the stock market is not that much different from the earliest exchange found in Amsterdam. But while the speed of order executions are infinitely more impressive across the board, the conceptual backbone behind the stock market itself hasn't changed much. There are over 130 stock transfer agents in the USA and Canada, maintaining the records of more than 100 million shareholders on behalf of over 15,000 issuers.read more visit us Money
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