CAC 40 Climbs As Biden Says US Can Avert Recession

RTTNews | Před 1187 dny
CAC 40 Climbs As Biden Says US Can Avert Recession

(RTTNews) - French stocks advanced on Friday amid optimism that China's economy is poised for a steady recovery from the COVID-19 impact.

Investors were also reacting to comments by U.S. President Joe Biden that a U.S. recession isn't inevitable and that the country was "in a stronger position than any nation in the world to overcome inflation."

The benchmark CAC 40 rose 49 points, or 0.8 percent, to 5,935 after declining 2.4 percent in the previous session.

EssilorLuxottica SA shares rose over 2 percent. The provider of ophthalmic lenses and frame said it will buy back up to 2.5 million shares in the period starting from June 17 to August 31, for a price not exceeding 200 euros per share.

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Lower Open Called For Thai Stock Market

Lower Open Called For Thai Stock Market

The Thai stock market has moved higher in eight straight sessions, adding almost 55 points or 4.5 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,310-point plateau although it may be stuck in neutral on Wednesday.
RTTNews | Před 1 h 34 min
Indonesia Bourse May Run Out Of Steam On Wednesday

Indonesia Bourse May Run Out Of Steam On Wednesday

The Indonesia stock market has moved higher in six straight sessions, advancing more than 320 points or 4.3 percent in that span. The Jakarta Composite Index now rests just beneath the 7,960-point plateau although the rally may stall on Wednesday.
RTTNews | Před 2 h 4 min
Japanese Market Slightly Lower

Japanese Market Slightly Lower

The Japanese stock market is trading slightly lower on Wednesday, reversing some of the gains in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 44,850 level, with weakness in index heavyweights, exporters and financial stocks partially offset by gains in technology stocks.
RTTNews | Před 2 h 4 min
Losses May Accelerate For Hong Kong Stock Market

Losses May Accelerate For Hong Kong Stock Market

The Hong Kong stock market on Tuesday snapped the two-day winning streak in which it had jumped more than 360 points or 1.4 percent. The Hang Seng Index now sits just beneath the 26,440-point plateau and it may extend its losses on Wednesday.
RTTNews | Před 2 h 19 min
Australian Market Modestly Lower

Australian Market Modestly Lower

Australian shares are trading modestly lower on Wednesday, reversing the gains in the previous session, with the benchmark S&P/ASX 200 falling below the 8,850 level, following the broadly negative cues from Wall Street overnight, with weakness in mining, financial and technology stocks partially offset by gains in energy stocks.
RTTNews | Před 2 h 31 min
Soft Start Anticipated For China Stock Market

Soft Start Anticipated For China Stock Market

The China stock market on Tuesday ended the two-day slide in which it had fallen almost 15 points or 0.4 percent. The Shanghai Composite Index now sits just above the 3,860-point plateau although it's likely to open in the red again on Wednesday.
RTTNews | Před 2 h 34 min
Taiwan Shares May Head South Again On Wednesday

Taiwan Shares May Head South Again On Wednesday

The Taiwan stock market bounced higher again on Tuesday, one day after ending the eight-day winning streak in which it had surged more than 1,450 points or 5.8 percent. The Taiwan Stock Exchange now sits just beneath the 25,630-point plateau although it may hand back those gains on Wednesday.
RTTNews | Před 3 h 4 min