CAC 40 Edges Higher On Easing Banking Fears

RTTNews | Před 968 dny
CAC 40 Edges Higher On Easing Banking Fears

(RTTNews) - French stocks traded higher Tuesday on easing concerns over the banking system.

Investors shrugged off survey results from the statistical office Insee showing that French manufacturers' confidence slightly worsened in March for the first time in four months.

The manufacturing confidence index dropped to 104 in March from 105 in the previous month as the balance of opinion regarding the change in past and future output decreased. The expected score was 103.

The benchmark CAC 40 was up 29 points, or 0.4 percent, at 7,107 after rising 0.9 percent the previous day.

Banks BNP Paribas, Credit Agricole and Societe Generale rose between half a percent and 1.1 percent after UBS CEO Ralph Hamers reportedly said the Swiss lender views its government-orchestrated takeover of Credit Suisse Group as a growth opportunity.

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European Shares Set For Strong Start As Nvidia Defies AI Bubble Fears

European Shares Set For Strong Start As Nvidia Defies AI Bubble Fears

European stocks may open on a buoyant note Thursday, with tech stocks likely to be in focus after Nvidia forecast fourth-quarter revenue above Wall Street estimates and delivered a surprisingly strong revenue forecast, soothing fears of an AL bubble.
RTTNews | Před 1 h 46 min
China Maintains Key Interest Rates As Expected

China Maintains Key Interest Rates As Expected

The People's Bank of China maintained its benchmark lending rates for the sixth straight month. The PBoC kept its one-year loan prime rate unchanged at 3.0 percent on Thursday. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent. The decision came in line with expectations.
RTTNews | Před 1 h 56 min
Indian Shares Open Higher On Firm Global Cues

Indian Shares Open Higher On Firm Global Cues

Indian shares were slightly higher in early trade on Thursday, mirroring firm cues from global markets as AI darling Nvidia's strong results and commentary boosted investors' appetite for riskier assets.
RTTNews | Před 3 h 19 min
Yen Declines Against Majors

Yen Declines Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Thursday.
RTTNews | Před 3 h 46 min
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian market is slightly extending its early gains in mid-market moves on Thursday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,500 level, with gains across most sectors led by technology stocks. Energy stocks were the only weak spot amid tumbling crude oil prices.
RTTNews | Před 3 h 58 min
Asian Markets A Sea Of Green

Asian Markets A Sea Of Green

Asian markets are a sea of green on Thursday, following the positive cues from Wall Street overnight, boosted by strong gains in technology stocks after the sector regained confidence in the artificial intelligence trade on upbeat earnings results from AI darling Nvidia. Traders also continued to pick up stocks at reduced levels following the significant weakness of the past few sessions.
RTTNews | Před 4 h 29 min