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The CAC 40 Index Closes 0.00% Lower

The CAC 40 Index fell -0.3 points or 0.00 percent on Wednesday to close at 8104 points.Leading the losses are Edenred (-1.34%), Dassault Systemes (-0.46%) and TotalEnergies SE (-0.43%).Top gainers were Kering (1.12%), Eurofins Scientific SE (0.84%) and LVMH (0.77%).

Trading Economics·
US
TTE
-0.71%
Trading Economics·
US
TTE
-0.71%

CAC 40 Ends Around the Flatline

The CAC 40 closed little changed at the 8104 level during the shortened and thinly traded Christmas Eve session, following a two-day decline.The luxury sector gained, with LVMH adding 0.8%, Hermes rising 0.6% and L’Oreal edging up 0.3%.On the downside, Sanofi lost 0.%, with the company announcing it will acquire Dynavax.Schneider Electric fell 0.3%, and TotalEnergies dropped 0.4%.Paris stock market will remain closed on Thursday and Friday for Christmas and Boxing Day holidays.

Trading Economics·
US
LRLCY
+0.66%
US
SNYNF
-1.23%
US
LVMUY
+0.90%
Trading Economics·
US
LRLCY
+0.66%
US
SNYNF
-1.23%
US
LVMUY
+0.90%

Europe Gasoline/Naphtha-Gasoline refining profit margins rise

Northwest European gasoline refinery profit margins increased by 77 cents to $9.68 a barrel. ExxonMobil, Trafigura, and Equinor sold Eurobob E5 gasoline to Shell and BP, while TotalEnergies sold Eurobob E10 to Trafigura. U.S. crude oil stockpiles likely fell, but gasoline inventories rose by 1.09 million barrels. EU-27 and UK gasoline exports averaged 804,000 bpd this month, down from November's 943,000 bpd.

Reuters·
US
TTE
-0.71%
Reuters·
US
TTE
-0.71%

90 years on, UOB remains committed to supporting art, children and education

UOB celebrates its 90th anniversary by reaffirming its commitment to CSR, focusing on art, children, and education. The bank's initiatives include the UOB Heartbeat CSR programme, Great Singapore Give, and various educational and art programs across Southeast Asia. UOB aims to uplift communities through sustainable giving, volunteering, and partnerships, benefiting thousands of children and artists. The bank plans to continue expanding its efforts in inclusive access to arts and education, supporting disadvantaged children, and fostering future-ready education.

Businesstimes·
SG
U11
+0.11%
Businesstimes·
SG
U11
+0.11%

TotalEnergies sells half of 424 MW portfolio in Greece

TotalEnergies sold 50% of its 424 MW wind and solar portfolio in Greece to Asterion Industrial Partners for EUR 508 million. This divestment is part of a global savings strategy amid rising debt and weakening oil prices. TotalEnergies retains a 50% stake and remains the operator, aiming to market electricity post-tariff expiry. The move aligns with its strategy to balance renewables and flexible assets for profitability.

Blank Green ENERGY NEWS·
US
TTE
-0.71%
Blank Green ENERGY NEWS·
US
TTE
-0.71%
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