CAC 40 Struggles For Direction As Growth Worries Weigh

RTTNews | vor 750 Tagen
CAC 40 Struggles For Direction As Growth Worries Weigh

(RTTNews) - French stocks were little changed in cautious trade on Tuesday as investors continued to fret about inflation, rising interest rates and the health of the global economy.

The benchmark CAC 40 was marginally higher at 7,070 after falling 0.9 percent the previous day.

Banks BNP Paribas, Credit Agricole and Societe Generale were flat to slightly higher.

Vantiva, a provider of creative services and technology products for the communication, media and entertainment industries, soared 24 percent after it has entered into a call option agreement with CommScope Holding Co. (COMM), to acquire CommScope's Home Networks division.

Drug maker Sanofi rose half a percent after it has entered into an agreement with Janssen Pharmaceuticals, Inc., a Johnson & Johnson company, for the development of Janssen's extraintestinal pathogenic E. coli vaccine candidate (ExPEC9V).

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Swiss Market Ends Slightly Weak

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 2Std 12 Minuten
Major European Markets Close Weak; UK Market Outperforms

Major European Markets Close Weak; UK Market Outperforms

The major European markets closed mostly lower on Wednesday as investors reacted to earnings updates and other corporate news, in addition to following the developments on the trade front and digesting geopolitical news.
RTTNews | vor 2Std 46 Minuten
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian stocks may open on a mixed note on Wednesday, tracking commodity prices and quarterly earnings announcements. The mood is likely to remain cautious amid tariff concerns, and uncertainty about the outlook for interest rate cuts next week.
RTTNews | vor 7Std 32 Minuten
Bank Indonesia Unexpectedly Holds Rate Steady At 4.75%

Bank Indonesia Unexpectedly Holds Rate Steady At 4.75%

Indonesia's central bank unexpectedly kept its key interest rate unchanged on Wednesday after three consecutive reductions as policymakers assess the impact of the previous easing. The Bank Indonesia board, led by Governor Perry Warjiyo, decided to hold the BI rate at 4.75 percent. The bank was expected to cut the rate by 25 basis points.
RTTNews | vor 7Std 37 Minuten
FTSE 100 Rises Nearly 1% On Soft Inflation Data

FTSE 100 Rises Nearly 1% On Soft Inflation Data

The U.K. market is up in positive territory on Wednesday, outperforming other major markets in Europe, thanks to softer-than-expected consumer price inflation data.
RTTNews | vor 9Std 3 Minuten
UK Consumer Prices Rise Less Than Forecast

UK Consumer Prices Rise Less Than Forecast

UK consumer prices rose less than expected and food inflation eased for the first time in six months in September, raising hopes that the Bank of England could reduce interest rates this year. Consumer prices logged an annual growth of 3.8 percent in September, the same rate of increase as seen in August, the Office for National Statistics said Wednesday. Prices were expected to climb at a faster
RTTNews | vor 10Std 38 Minuten
DAX Advances In Cautious Trade

DAX Advances In Cautious Trade

After a weak start and a subsequent recovery that briefly lifted it slightly above the flat line, the German stock market retreated and slipped into negative territory Wednesday morning amid cautious moves by investors due to a lack of progress in Ukraine peace talks and a disappoint earnings update from Netflix.
RTTNews | vor 10Std 57 Minuten