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CAC 40 Slips Into Red In Lackluster Trade
(RTTNews) - French stocks traded lower on Tuesday as traders looked ahead to a European Central Bank policy meeting due later in the week for clues on the timing and pace of interest-rate cuts.
Investors were also reacting to reports suggesting that Chinese authorities are considering a package of measures to stabilize the country's slumping stock market.
The benchmark CAC 40 was down 19 points, or 0.3 percent, at 7,393 after rising 0.6 percent the previous day.
Healthcare firm Sanofi fell about 1 percent after it agreed to buy the U.S. biotech Inhibrx Inc. for as much as $2.2 billion.
Ipsen SA rose about half a percent after its phase-three trial of prostate cancer drug Cabometyx yielded positive results.
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Hong Kong Shares Poised To End Two-Day Slide
The Hong Kong stock market has finished lower in consecutive trading days, tumbling almost 630 points or 2.5 percent along the way. The Hang Seng Index now rests just above the 25,200-point plateau although it may find traction on Thursday.
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vor 14 Minuten
China Stock Market May Stop The Bleeding On Thursday
The China stock market has finished lower in two straight sessions, retreating more than 80 points or 2.1 percent along the way. The Shanghai Composite Index now sits just above the 3,800-point plateau although it's due for support on Thursday.
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vor 29 Minuten
Taiwan Stock Market May Extend Winning Streak
The Taiwan stock market has tracked higher in three straight sessions, gathering more than 750 points or 3.1 percent along the way. The Taiwan Stock Exchange now rests just beneath the 24,520-point plateau and it may add to its winnings again on Thursday.
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vor 59 Minuten
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.
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vor 1Std 29 Minuten
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.
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vor 1Std 59 Minuten
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.
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vor 2Std 14 Minuten
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.
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vor 2Std 29 Minuten
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.
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vor 3Std 29 Minuten
