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CAC 40 Gains As Inflation Slows
(RTTNews) - French stocks advanced on Wednesday as data showed inflation in the country unexpectedly slowed in December from a record high in the previous month.
France's EU-harmonized inflation rate fell to 6.7 percent in December from 7.1 percent in November, INSEE said.
Meanwhile the final purchasing managers index (PMI) for France's services sector rose to 49.5 points in December, slightly up from 49.3 points in November.
The benchmark CAC 40 jumped 93 points, or 1.4 percent, to 6,712 after rising 0.4 percent on Tuesday.
Sanofi shares rose half a percent. The healthcare firm said it expects a boost from foreign exchange movements and flu vaccine sales in its fourth-quarterly results, due to be published next month.
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China Manufacturing Activity Returns To Growth
China's manufacturing sector returned to growth in August as rising orders pushed up purchasing activity and unfinished business but firms remained cautious about hiring, survey data from S&P Global showed on Monday. The RatingDog manufacturing Purchasing Managers' Index posted 50.5 in August, up from 49.5 in July. A reading above 50.0 indicates expansion in the sector.
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1h 17min atrás
European Economic News Preview: UK Mortgage Approvals, House Price Data Due
Mortgage approvals, house prices and final manufacturing Purchasing Managers' survey results from the UK are the top economic news due on Monday. At 2.00 am ET, the Office for National Statistics releases UK Nationwide house price data. Economists forecast house prices to rise 0.1 percent month-on-month in August, following a 0.6 percent rise in July.
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2h 43min atrás
European Shares Seen Mostly Higher As Trump's Tariffs Face Legal Hurdle
European stocks look set to open broadly higher on Monday, with trading volumes likely to remain thin due to the long Labour Day weekend in the United States.
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2h 53min atrás
Sensex, Nifty Open Higher On Q1 GDP Data
Indian shares opened on a positive note on Monday as new data showed the Indian economy remains on a solid footing.
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4h 14min atrás
Australian Market Extends Early Losses In Mid-market
The Australian stock market is extending its early losses in mid-market trading on Monday, extending the losses in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,950.00 mark, with weakness in iron ore miners, energy, technology and financial stocks. Gold miners are the only bright spot.
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5h 4min atrás
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Monday, following the broadly negative cues from Wall Street on Friday, dragged down by tumbling technology stocks that mirrored their peers on Nasdaq. Traders also are concerned about the renewed uncertainty about US President Donald Trump's reciprocal tariffs after a U.S. federal appeals court ruled that the majority of his sweeping tariffs were illegal.
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5h 20min atrás
Sensex, Nifty Seen Opening Up After Strong GDP Data
Indian shares look set to open on a positive note on Monday as new data suggested the Indian economy remains on a solid footing.
RTTNews
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6h 0min atrás
Thai Shares Tipped To Open Under Water On Monday
The Thai stock market turned lower again on Friday, one day after snapping the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,235-point plateau and it's likely to open under pressure again on Monday.
RTTNews
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6h 32min atrás
