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RE: LeoThread 2025-03-14 18:37

in LeoFinance • 7 months ago

Leo Entertainment Threadcast

  • Feel free to share all entertainment updates across the world
  • Entertainment shorts and long videos are welcome
  • You can paste the link of any video and invite your friend to join you to watch it, as discussion goes on
  • You can invite friends and make a chat section as you enjoyed your activities on Leo, different entertainment activities are welcome
    A big thanks to @mightpossibly, for granting us the free access to use the #aisummaries tool to feed in YouTube entertainment video on this cast because the LeoAi is hungry for more data..

#threadcast #leoentertainment #mcb 14/03/2025

7 months ago in LeoFinance by
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     7 months ago  

    The CAC 40 rose 1.1% to close at 8,028 on Friday, rebounding from the previous session, as investors responded positively to prospects of increased fiscal spending in Germany. Chancellor-designate Friedrich Merz secured agreements with the Green Party and SPD to inject billions into the country’s defense sector and aging infrastructure. The luxury sector was a standout, with L'Oréal surging 3.4% and Hermes rising 1.4%, boosted by strong Q4 results from Brunello Cucinelli. Defense stock Thales also supported the index, soaring 5.6%. However, Kering plunged 10.7% after Gucci appointed Demna as its new artistic director. Despite the gains, the backdrop of escalating trade tensions and geopolitical concerns, including President Trump's threat of a 200% tariff on EU wine and doubts about a US-brokered ceasefire in Ukraine, left investors cautious. The CAC 40 posted a sharp 2.1% weekly decline.

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