CAC 40 Dips On Growth Concerns

RTTNews | vor 1028 Tagen
CAC 40 Dips On Growth Concerns

(RTTNews) - French stocks were moving lower on Thursday, with a lack of information on China's COVID outbreak and fears of a global recession weighing on sentiment.

Experts have expressed deep concerns that China may not be sharing data on any signs of evolving strains that could spark fresh outbreaks in countries around the world.

After Beijing announced plans to reopen its borders, Italy, Japan, Taiwan, India and the United States have announced mandatory tests on visitors from China.

Investors also fretted about the impact of the Fed's monetary tightening on global growth heading into 2023.

The benchmark CAC 40 was down 15 points, or 0.2 percent, at 6,492 after losing 0.6 percent the previous day.

China-exposed luxury firms such as LVMH and Kering were moving lower as uncertainties mount over China.

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Losses May Accelerate For Japan Stock Market

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The Japanese stock market on Wednesday ended the two-day winning streak in which it had surged more than 1,730 points or 3.4 percent. The Nikkei 225 now sits just above the 49,300-point plateau and it may take further damage on Thursday.
RTTNews | vor 20 Minuten
South Korea Shares Overdue For Profit Taking

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The South Korea stock market has tracked higher in six straight sessions, accelerating more than 320 points or 8.6 percent in that span. Now at another fresh record closing high, the KOSPI rests just above the 3,880-point plateau although investors figure to lock in gains on Thursday.
RTTNews | vor 35 Minuten
South Korea Rate Decision On Tap For Thursday

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RTTNews | vor 1Std 35 Minuten
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Swiss Market Ends Slightly Weak

The Switzerland market edged down marginally on Wednesday after a cautious session, as investors looked for directional clues.
RTTNews | vor 5Std 24 Minuten
Major European Markets Close Weak; UK Market Outperforms

Major European Markets Close Weak; UK Market Outperforms

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RTTNews | vor 5Std 58 Minuten
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RTTNews | vor 10Std 44 Minuten
Bank Indonesia Unexpectedly Holds Rate Steady At 4.75%

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RTTNews | vor 10Std 49 Minuten