CAC 40 Declines On Rate Worries

RTTNews | vor 670 Tagen
CAC 40 Declines On Rate Worries

(RTTNews) - French stocks traded lower on Thursday amid renewed concerns over rising interest rates and the ongoing Israel-Hamas conflict.

Investors also awaited the ECB rate decision later in the day for directional cues.

The benchmark CAC 40 was down 65 points, or 0.9 percent, at 6,850 after rising about 0.3 percent in the previous session.

Automaker Renault fell nearly 3 percent following disappointing earnings updates from peers Mercedes Benz and Volkswagen.

Lender BNP Paribas slumped 4 percent after posting a fall in third-quarter net profit on higher expenses.

Food group Danone rose 1.3 percent after lifting its 2023 revenue growth forecast.

Sodexo jumped 6 percent. The catering and food services group said it plans to list its voucher and benefits division Pluxee early in 2024.

Carrefour, Europe's largest food retailer, surged 4 percent after reporting higher third-quarter sales and backing its full-year targets.

Troubled supermarket group Casino was slightly lower after slashing its profit forecast.

TotalEnergies dropped half a percent after reporting a decline in Q3 adjusted profit.

read more
Sensex, Nifty Deep In The Red On Tariff Worries

Sensex, Nifty Deep In The Red On Tariff Worries

Indian shares opened on a sluggish note on Tuesday after the Trump administration officially issued a notice regarding the imposition of an additional 25 percent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.
RTTNews | vor 1Std 47 Minuten
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.
RTTNews | vor 3Std 1 Minuten
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.
RTTNews | vor 3Std 22 Minuten
Lower Open Called For Thai Stock Market

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.
RTTNews | vor 4Std 33 Minuten