CAC 40 Gains After GDP Data

RTTNews | Před 657 dny
CAC 40 Gains After GDP Data

(RTTNews) - French stocks traded higher on Tuesday after data showed France's economy expanded modestly in the third quarter.

Gross domestic product grew 0.1 percent sequentially in the third quarter, first estimate from the statistical office INSEE showed - coming in line with expectations. The strength in household spending and investment were mostly offset by falling exports.

The International Monetary Fund forecast France GDP to grow 1.0 percent this year driven by the catch-up in industrial production and the outperformance of external demand in the first half of 2023.

The benchmark CAC 40 was up 44 points, or 0.6 percent, at 6,868 after rising 0.4 percent the previous day.

Thales tumbled 3 percent after the defence electronics maker said its order intake for the period ending 30 September 2023 fell 18 percent on an organic basis.

Construction-to-telecoms conglomerate Bouygues soared 5 percent after posting solid nine-month results and confirming FY23 outlook.

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Eurozone Trade Surplus Declines Sharply In June

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RTTNews | Před 10 minutami
Thai Economic Growth Slows In Q2

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RTTNews | Před 1 h 1 min
Asian Shares Rise As Alaska Talks Show Progress

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RTTNews | Před 1 h 43 min
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RTTNews | Před 4 h 29 min
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Monday.
RTTNews | Před 4 h 39 min
Sensex, Nifty Rally As Automakers Surge On Modi's Big GST Reform Push

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Indian shares opened on a buoyant note on Monday after S&P Global Ratings upgraded India's sovereign ratings and Prime Minister Narendra Modi promised next generational GST reforms by Diwali, which will bring down the tax burden on consumers as well as MSMEs.
RTTNews | Před 6 h 0 min