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CAC 40 Gains Despite Escalating Middle East Tensions
(RTTNews) - French stocks traded higher on Monday despite Iran's attack on Israel over the weekend.
Analysts expect Israel's response to be more measured in order to deescalate tensions.
Also, the mass drone and missile attacks were largely priced in the days leading up to it and there was limited damage, according to the Israeli government.
The benchmark CAC 40 was up 53 points, or 0.7 percent, at 8,063 after falling 0.2 percent on Friday.
BNP Paribas shares rose about 1 percent. Th lender said it had signed an agreement to acquire Fosun Group's stake of about 9 percent in ageas for approximately 730 million euros.
Peer Credit Agricole was up around 0.8 percent while Societe Generale was down half a percent.
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Win Streak May End For Thai Stock Market
The Thai stock market has moved higher in back-to-back sessions, adding more than a dozen points or 1 percent in that span. The Stock Exchange of Thailand now sits just shy of the 1,250-point plateau although the rally may stall on Wednesday.
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vor 24 Minuten
Japanese Market Modestly Lower
The Japanese stock market is trading modestly lower on Wednesday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 42,250 level, with weakness in index heavyweights, financial and technology stocks partially offset by gains in exporter stocks.
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vor 48 Minuten
Lower Open Called For Hong Kong Stock Market
The Hong Kong stock market on Wednesday ended the two-day winning streak in which it had picked up almost 620 points or 2.4 percent. The Hang Seng Index now sits just shy of the 25,500-point plateau and it's expected to open in the red again on Wednesday.
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vor 1Std 9 Minuten
Australian Market Notably Lower
Australian shares are trading notably lower on Wednesday, adding to the losses in the previous three sessions, with the benchmark S&P/ASX 200 falling well below the 8,900 level, following the broadly negative cues from Wall Street overnight, with weakness in financial and technology stocks partially offset by gains in mining stocks.
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vor 1Std 11 Minuten
China Shares May Take Further Damage On Wednesday
The China stock market on Tuesday wrote a finish to the three-day winning streak in which it had improved more than 75 points or 2 percent. The Shanghai Composite Index now sits just shy of the 3,860-point plateau and the losses may accelerate on Wednesday.
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vor 1Std 24 Minuten
Taiwan Bourse May Extend Losing Streak
The Taiwan stock market has finished lower in four straight sessions, slumping more than 500 points or 2 percent along the way. The Taiwan Stock Exchange now sits just above the 24,000-point plateau and it may take further damage on Wednesday.
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vor 1Std 56 Minuten
Singapore Shares: Resistance Expected At 4,300 Points
The Singapore stock market has moved higher in five straight sessions, collecting more than 50 points or 1.2 percent in that span. The Straits Times Index now sits just shy of the 4,300-point plateau, although it may run out of steam on Wednesday.
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vor 2Std 23 Minuten
Malaysia Shares May See Renewed Consolidation On Wednesday
The Malaysia stock market on Tuesday snapped the two-day slide in which it had fallen more than a dozen points or 0.8 percent. The Kuala Lumpur Composite Index now sits just above the 1,575-point plateau although it may head south again on Wednesday.
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vor 2Std 48 Minuten
