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French stocks were slightly higher on Friday after a survey showed business activity in the country grew more than expected in April. The flash reading for the April composite PMI - which comprises both the services and manufacturing sectors - rose to 53.
French stocks were moving lower on Thursday as the earnings season picks up steam. French manufacturers' confidence decreased further in April to reach its lowest level in five months, as the expected trend in production and the level of overall order books worsened, survey results from the statistical office Insee showed earlier today.
European stocks fell on Thursday as investors digested mixed corporate earnings from top U.S. companies and fretted about the economic outlook. Germany's producer price index climbed 7.
The CAC-40 traded with losses on Wednesday amidst renewed concerns about inflation and interest rate hikes..
Worse than expected inflation paves the way for a further rate hike by the Reserve Bank