CAC 40 Drifts Lower On China Concerns

RTTNews | hace 664
Stocktwits
CAC 40 Drifts Lower On China Concerns

(RTTNews) - French stocks were moving lower on Thursday, Eurozone bond yields rose and the dollar extended gains amid mounting China worries and the release of hawkish Fed minutes.

The minutes of the Fed's July meeting showed on Wednesday that a number of officials still saw the need for more interest rates to curb stubborn inflation.

Concerns mounted about the state of China's financial services industry after wealth manager Zhongzhi Enterprise Group said it was facing a liquidity crisis and would have to restructure its debt.

In another development, Fitch Ratings said it may consider rethinking China's A+ sovereign credit rating amid growing economic headwinds to the Asian giant.

The benchmark CAC 40 was down 13 points, or 0.2 percent, at 7,247 after closing 0.1 percent lower in the previous session.

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Rally May Stall For Thai Stock Market

Rally May Stall For Thai Stock Market

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Japanese Market Notably Lower

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Indonesia Bourse May Extend Wednesday's Losses

Indonesia Bourse May Extend Wednesday's Losses

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Australian Market Slightly Higher

Australian Market Slightly Higher

The Australian market is trading slightly higher on Thursday, extending the gains in the previous two sessions, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving a tad above the 8,600 level, with gains in gold miners and eergy partially offset by weakness in iron ore miners.
RTTNews | hace 58 minutos
Hong Kong Bourse May Hand Back Wednesday's Gains

Hong Kong Bourse May Hand Back Wednesday's Gains

The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had rallied almost 750 points or 3.5 percent. The Hang Seng Index now sits just above the 24,360-point plateau and it's likely to remain rangebound on Thursday.
RTTNews | hace 1h 1min
Lower Open Anticipated For Taiwan Stock Market

Lower Open Anticipated For Taiwan Stock Market

The Taiwan stock market has moved higher in three straight sessions, accelerating more than 810 points or 3.6 percent along the way. The Taiwan Stock Exchange now sits just above the 22,470-point plateau although it's expected to open under water on Thursday.
RTTNews | hace 1h 46min
Continued Consolidation Called For Singapore Shares

Continued Consolidation Called For Singapore Shares

The Singapore stock market has moved lower in two straight sessions, sinking more than 15 points or 0.4 percent along the way. The Straits Times Index now sits just beneath the 3,920-point plateau and it may take further damage on Thursday.
RTTNews | hace 2h 16min
Renewed Selling Pressure Expected For Malaysia Shares

Renewed Selling Pressure Expected For Malaysia Shares

The Malaysia stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had gained almost 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,525-point plateau and it's likely to head south again on Thursday.
RTTNews | hace 2h 46min
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