CAC 40 Gains In Cautious Trade

RTTNews | Před 976 dny
CAC 40 Gains In Cautious Trade

(RTTNews) - French stocks rose on Friday despite lingering worries about the impact of China's "zero-COVID" strategy and fresh indications that the U.S. Federal Reserve will keep raising rates to fight inflation.

The benchmark CAC 40 was up 35 points, or half a percent, at 6,610 after losing half a percent the previous day.

Banks traded mostly higher as the European Central Bank begins the biggest withdrawal of cash from the euro zone's banking system in its history.

BNP Paribas climbed 1.2 percent and Credit Agricole added 0.7 percent.

The dollar edged lower in early European trade but was still heading for a weekly gain following recent hawkish Fed comments.

Oil pared early gains and was on track for a steep weekly decline on concerns about weakening demand in China.

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European Shares Seen Tad Lower At Open

European Shares Seen Tad Lower At Open

European stocks are seen opening a tad lower on Monday as investors assess new trade developments and look forward to the two-day E.U.-China summit scheduled to take place in Beijing beginning on July 24th to discuss the future of the bilateral relationship and trade.
RTTNews | Před 36 minutami
Sensex, Nifty Fluctuate In Early Trade

Sensex, Nifty Fluctuate In Early Trade

Indian shares were fluctuating on Monday as investors reacted to a slew of earnings, EU sanctions on Nayara refinery and comments from India's Commerce Minister Piyush Goyal that India will enter international trade agreements only if they serve the country's interests.
RTTNews | Před 1 h 38 min
Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares are seen opening little changed on Monday, with earnings and trade developments likely to be in focus.
RTTNews | Před 3 h 28 min
Asian Shares Mostly Higher In Cautious Trade

Asian Shares Mostly Higher In Cautious Trade

Asian stocks were mostly higher on Monday as trade tensions persisted, China held key lending rates and Japan's ruling coalition lost control of the upper house in an election on Sunday, further weakening Prime Minister Shigeru Ishiba's grip on power.
RTTNews | Před 3 h 44 min
Indonesia Bourse May See Profit Taking On Monday

Indonesia Bourse May See Profit Taking On Monday

The Indonesia stock market has moved higher in 10 straight sessions, gathering more than 440 points or 6.3 percent along the way. The Jakarta Composite Index now sits just above the 7,310-point plateau although it's overdue for consolidation on Monday.
RTTNews | Před 4 h 36 min
Little Movement Seen For Hong Kong Stock Market

Little Movement Seen For Hong Kong Stock Market

The Hong Kong stock market on Friday halted the two-day losing streak in which it had slipped more than 90 points or 0.3 percent. The Hang Seng Index now sits just above the 24,825-point plateau although it may be stuck in neutral on Monday.
RTTNews | Před 4 h 51 min
Little Movement Likely For China Stock Market

Little Movement Likely For China Stock Market

The China stock market has finished higher in consecutive trading days, collecting more than 30 points or 0.8 percent along the way. The Shanghai Composite Index now sits just beneath the 3,535-point plateau and it's expected to hold steady at the mark on Monday.
RTTNews | Před 5 h 6 min
Rally May Stall For Taiwan Stock Market

Rally May Stall For Taiwan Stock Market

The Taiwan stock market has finished higher in four straight sessions, collecting almost 770 points or 1.4 percent along the way. The Taiwan Stock Exchange now sits just above the 23,380-point plateau although it may spin its wheels on Monday.
RTTNews | Před 5 h 36 min