CAC 40 Rebounds As Italy Eases Stance On Windfall Tax

RTTNews | Před 725 dny
CAC 40 Rebounds As Italy Eases Stance On Windfall Tax

(RTTNews) - French stocks traded sharply higher on Wednesday, with banks rebounding from the previous session's losses after the Italian government clarified that the new windfall tax on banks would not amount to more than 0.1 percent of their assets.

Investors also shrugged off weak inflation data from China as concerns about deflation risks and problems at Country Garden, once China's largest developer, increased calls for more stimulus.

The benchmark CAC 40 jumped 112 points, or 1.5 percent, to 7,381 after falling 0.7 percent the previous day.

The euro edged up against the dollar ahead of U.S. inflation readings this week that might influence the Fed's rate trajectory.

Banks BNP Paribas, Credit Agricole and Societe Generale were up 1-2 percent.

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Indonesia Bourse May Turn Lower Again On Monday

Indonesia Bourse May Turn Lower Again On Monday

The Indonesia stock market on Friday halted the two-day slide in which it had dropped almost 140 points or 1.9 percent. The Jakarta Composite Index now sits just shy of the 7,540-point plateau although it's likely to head south again on Monday.
RTTNews | Před 10 minutami
Japanese Market Sharply Lower; Down 2%

Japanese Market Sharply Lower; Down 2%

The Japanese stock market is trading sharply lower on Monday, extending the losses in the previous session, following the broadly negative cues from Wall Street on Friday, with the Nikkei 225 tumbling more than 2 percent to well below the 39,950 level, with weakness across all sectors led by exporters, automakers and financial stocks.
RTTNews | Před 11 minutami
No Help Yet For Hong Kong Stock Market

No Help Yet For Hong Kong Stock Market

The Hong Kong stock market has tracked lower in four straight sessions, dropping more than 1,050 points or 4 percent along the way. The Hang Seng Index now rests just above the 24,500-point plateau and it's expected to open in the red again on Monday.
RTTNews | Před 25 minutami
Lower Open Predicted For China Stock Market

Lower Open Predicted For China Stock Market

The China stock market has finished lower in consecutive trading days, sinking more than 55 points or 1.7 percent along the way. The Shanghai Composite Index now sits just shy of the 3,560-point plateau and the losses may accelerate on Monday.
RTTNews | Před 40 minutami
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is slightly lower on Monday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying just above the 8,650.00 level, with weakness in energy, financial and technology stocks partially offset by strong gains in mining stocks.
RTTNews | Před 40 minutami
Taiwan Stock Market Tipped To Open Under Pressure On Monday

Taiwan Stock Market Tipped To Open Under Pressure On Monday

The Taiwan stock market on Friday snapped the two-day winning streak in which it had gained more than 340 points or 1.9 percent. The Taiwan Stock Exchange now sits just above the 23,430-point plateau and it's expected to see continued consolidation on Monday.
RTTNews | Před 1 h 10 min
Singapore Shares May Take Further Damage On Monday

Singapore Shares May Take Further Damage On Monday

The Singapore stock market had finished lower in six straight sessions, surrendering almost 120 points or 2.9 percent along the way. The Straits Times Index now sits just above the 4,150-point plateau and it's expected to open under pressure again on Monday.
RTTNews | Před 1 h 40 min