CAC 40 Edges Higher Led By Banks

RTTNews | vor 905 Tagen
Stocktwits
CAC 40 Edges Higher Led By Banks

(RTTNews) - French stocks rose on Monday as investors priced in U.S. rates to peak around 5.4 percent by September.

Markets believe the Federal Reserve will decrease rates if the U.S. economy experiences a recession next year.

The benchmark CAC 40 was up 45 points, or 0.6 percent, at 7,392 after gaining 0.9 percent on Friday.

Among the top gainers, BNP Paribas, Credit Agricole, Engie, Hermes International, Societe Generale and Veolia all rose around 1 percent.

Alstom SA edged up slightly. The rolling stock maker has bagged a contract from Japanese company, Mitsubishi Corp., to provide an integrated railway system for the extension of the North-South Commuter Railway project in Philippines.

Alstom's contract share is worth around 1.1 billion euros and booking is expected during 2023-24.

Stocktwits
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Singapore Stock Market May Extend Wednesday's Gains

Singapore Stock Market May Extend Wednesday's Gains

The Singapore stock market bounced higher again on Wednesday, one day after snapping the five-day winning streak in which it had climbed almost 70 points or 1.6 percent. The Straits Times Index now sits just above the 4,245-point plateau and it may pick up steam on Thursday.
RTTNews | vor 14 Minuten
Malaysia Bourse May Add To Its Winnings On Thursday

Malaysia Bourse May Add To Its Winnings On Thursday

The Malaysia stock market rebounded on Wednesday, one day after ending the three-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,585-point plateau and it's expected to open in the green again on Thursday.
RTTNews | vor 44 Minuten
Higher Open Called For Japan Stock Market

Higher Open Called For Japan Stock Market

The Japan stock market bounced higher again on Wednesday, one session after ending the two-day winning streak in which it had advanced almost 200 points or 0.5 percent. The Nikkei 225 now rests just above the 42,520-point plateau and it's expected to open to the upside again on Thursday.
RTTNews | vor 59 Minuten
KOSPI May Reclaim 3,200-Point Level

KOSPI May Reclaim 3,200-Point Level

The South Korea stock market bounced higher again on Wednesday, one day after ending the three-day winning streak in which it had improved almost 80 points or 2.6 percent. The KOSPI now sits just shy of the 3,190-point plateau and it may tick higher again on Thursday.
RTTNews | vor 1Std 14 Minuten
Korea Interest Rate Decision Due On Thursday

Korea Interest Rate Decision Due On Thursday

The Bank of Korea will wrap up its monetary policy meeting this morning and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate unchanged at 2.50 percent.
RTTNews | vor 2Std 14 Minuten
European Stocks Close On Mixed Note

European Stocks Close On Mixed Note

European stocks turned in a mixed performance on Wednesday as investors largely stayed cautious, looking ahead to chipmaker Nvidia's quarterly earnings announcement, and continuing to assess the political situation in France.
RTTNews | vor 7Std 20 Minuten
Euro Falls Amid Political Uncertainty

Euro Falls Amid Political Uncertainty

The euro weakened against other major currencies in the European session on Wednesday, as trader's concern about the collapse of France's government.
RTTNews | vor 11Std 35 Minuten
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