CAC 40 Little Changed As Geopolitical Tensions Ease

RTTNews | vor 1020 Tagen
CAC 40 Little Changed As Geopolitical Tensions Ease

(RTTNews) - French stocks were largely steady on Thursday, as concerns over geopolitical tensions eased and the focus returned to rising numbers of COVID-19 cases in China.

The benchmark CAC 40 was marginally higher at 6,608 after declining half a percent the previous day.

Automaker Renault rose 0.6 percent after industry data showed Europe's new car registrations increased for the third straight month in October.

New passenger car registrations logged a double-digit annual growth of 12.2 percent in October, faster than September's 9.6 percent increase.

Bouygues tumbled nearly 4 percent. The construction and media conglomerate confirmed its forecasts for sales and profitability in 2022 after reporting higher sales in the first nine months of the year.

However, net profit attributable to the group dropped to 537 million euros from 807 million euros last year.

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Singapore Shares: Resistance Expected At 4,300 Points

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.
RTTNews | vor 21 Minuten
Malaysia Shares May See Renewed Consolidation On Wednesday

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.
RTTNews | vor 46 Minuten
Japan Stock Market May Hand Back Tuesday's Gains

Japan Stock Market May Hand Back Tuesday's Gains

The Japanese stock market on Tuesday ended the two-day losing streak in which it had dropped almost 650 points or 1.4 percent. The Nikkei 225 now sits just above the 42,310-point plateau although it may see renewed consolidation on Wednesday.
RTTNews | vor 1Std 7 Minuten
South Korea Shares May Head South Again On Wednesday

South Korea Shares May Head South Again On Wednesday

The South Korea stock market on Tuesday ended the two-day slide in which it had given up mor than 50 points or 1.6 percent. The KOSPI now rests just above the 3,170-point plateau although it's expected to turn lower again on Wednesday.
RTTNews | vor 1Std 24 Minuten
Australia GDP Data Due On Wednesday

Australia GDP Data Due On Wednesday

Australia will on Wednesday release Q2 figures for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GP is expected to rise 0.5 percent on quarter and 1.6 percent on year, up from 0.2 percent on quarter and 1.3 percent on year in the three months prior.
RTTNews | vor 2Std 24 Minuten
Swiss Shares Extend Losing Streak

Swiss Shares Extend Losing Streak

The Swiss stock market closed under pressure again on Tuesday, stretching its losing streak to three sessions while giving up more than 130 points or 1.1 percent in that span.
RTTNews | vor 7Std 36 Minuten
Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Euro area inflation modestly accelerated to a four-month high, and the core figure was steady around the 2 percent target in August as a slight slowing in both food price growth and services inflation was offset by a smaller decline in energy prices, which suggests that the European Central Bank is set to hold interest rates steady in future policy sessions.
RTTNews | vor 7Std 41 Minuten