India, Feb. 13 -- Despite lingering concerns about fresh U.S. tariffs and global growth outlook, French stocks are notably higher Thursday morning with investors reacting to quarterly earnings updates and betting on more monetary easing by the European Central Bank.
Optimism about an end to the ongoing war in Ukraine following reports that U.S. President Donald Trump had telephonic conversations with presidents of Russia and Ukraine, is also aiding sentiment.
The benchmark CAC 40 was up 88.76 points or 1.1% at 8,130.95 a little while ago.
Legrand is up nearly 6% after the company reported strong growth in net profit for the year 2024. The company has set a 6% to 10% sales target for the current year.
Michelin is gaining about 5.3% despi...