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CAC 40 Declines After Flash PMI Data

RTTNews | vor 682 Tagen

CAC 40 Declines After Flash PMI Data

(RTTNews) - French stocks fell on Friday amid growth concerns after a monthly survey showed the country's dominant services sector contracted at a faster pace in September.

The HCOB flash purchasing managers index (PMI) for the services sector, compiled by S&P Global, hit a 34-month low of 43.9 points in September while the manufacturing PMI came in at 43.6 points.

The benchmark CAC 40 was down 50 points, or 0.7 percent, at 7,164 after plunging 1.6 percent the previous day.

Sanofi SA shares fell over 1 percent. Based on the evolution of foreign currencies, the company said its preliminary estimate of negative currency impact on third quarter sales is approximately between 7.5 percent and 8.5 percent and approximately between 8.5 percent and 9.5 percent on business EPS.

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Bay Street Seen Opening On Cautious Note

Bay Street Seen Opening On Cautious Note

Canadian stocks may open on a mixed note on Monday with investors likely to stay cautious ahead of implementation of levies imposed by U.S. President Donald Trump, and a slew of earnings announcements due this week. Weak oil prices may weigh a bit.

RTTNews | vor 13 Minuten

FTSE 100 Modestly Higher; Lloyds Banking Group Rises Nearly 8%

FTSE 100 Modestly Higher; Lloyds Banking Group Rises Nearly 8%

The UK market is up in positive territory on Monday with stocks from the financial sector contributing significantly to the upmove after the outcome from the UK's motor finance investigation turned out to less severe than feared, with potential compensation estimated at 9 billion pounds, much less than the expected quantum o 30 billion pounds.

RTTNews | vor 1Std 4 Minuten

Indian Rupee Falls To 4-day Low Against U.S. Dollar

Indian Rupee Falls To 4-day Low Against U.S. Dollar

The Indian rupee weakened against the U.S. dollar in the European session on Monday, as investors await the announcement of the interest rate decision by the Reserve Bank of India (RBI) on Wednesday.

RTTNews | vor 1Std 27 Minuten

CAC Moderately Higher As Stocks Recover From Recent Setback

CAC Moderately Higher As Stocks Recover From Recent Setback

The French stock market is up firmly in positive territory on Monday with several counters from across various sectors attracting buyers after last week's decline following a sweeping tariff announcement from U.S. President Donald Trump.

RTTNews | vor 1Std 33 Minuten

DAX Up 1.1% As Stocks Rebound From Recent Losses

DAX Up 1.1% As Stocks Rebound From Recent Losses

German stocks are up firmly in positive territory on Monday, recovering well from recent losses, as investors look past last week's tariff announcement from U.S. President Donald Trump and focusing on recent earnings.

RTTNews | vor 1Std 51 Minuten

Sensex, Nifty Snap Two-day Losing Streak As Focus Shifts To RBI

Sensex, Nifty Snap Two-day Losing Streak As Focus Shifts To RBI

Indian shares rose on Monday as soft U.S. jobs data signaling a sharp deterioration in labor market conditions fueled bets of imminent Federal Reserve rate cuts.

RTTNews | vor 2Std 42 Minuten

European Shares Tick Higher In Cautious Trade

European Shares Tick Higher In Cautious Trade

European stocks opened on a positive note Monday after falling sharply in the previous session on worries about the impact from higher U.S. tariffs.

RTTNews | vor 4Std 7 Minuten

Asian Shares Mixed As US Jobs Data Fuels Rate Cut Bets

Asian Shares Mixed As US Jobs Data Fuels Rate Cut Bets

Asian stocks ended mixed on Monday as soft U.S. jobs data stirred concerns over the impact of new tariffs on the world's largest economy but fueled bets on a Federal Reserve rate cut in September.

RTTNews | vor 4Std 28 Minuten

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