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CAC 40 Edges Higher As Business Activity Improves
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(RTTNews) - French stocks were slightly higher on Friday after a survey showed business activity in the country grew more than expected in April.
The flash reading for the April composite PMI - which comprises both the services and manufacturing sectors - rose to 53.8 points from 52.7 points in March. Economists had forecast the reading to remain unchanged at 52.7.
The manufacturing PMI fell to 45.50 from 47.30 in March while the services PMI improved to 56.30 from 53.90 in March.
The benchmark CAC 40 was up 15 points, or 0.2 percent, at 7,553 after closing 0.1 percent lower the previous day.
The dollar headed for its first weekly gain in nearly two months amid bets that the Federal Reserve will increase interest rates in May.
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Sensex, Nifty Set For Muted Start
Indian shares are seen opening little changed on Thursday after reports emerged that the sixth round of talks over an India-United States trade agreement will take place shortly.
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Soft Start Expected For Thai Stock Market
The Thai stock market has moved higher in four straight sessions, adding more than 25 points or 2.1 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,280-point plateau although it's likely to open to the downside on Thursday.
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Japanese Market Significantly Higher
The Japanese market is trading significantly higher on Thursday, extending the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 44,200 level, with gains in index heavyweights and technology stocks partially offset by weakness in automakers and financial stocks.
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Little Movement Seen For Indonesia Stock Market
The Indonesia stock market on Wednesday wrote a finish to the three-day losing streak in which it had stumbled almost 260 points or 3.6 percent. The Jakarta Composite Index now rests just beneath the 7,700-point plateau and it's likely to remain in that neighborhood again on Thursday.
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Win Streak May End For Hong Kong Stock Market
The Hong Kong stock market has moved higher in four straight sessions, climbing almost 1,250 points or 4.9 percent along the way. The Hang Seng Index now sits just above the 26,200-point plateau although it may run out of steam on Thursday.
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China Stock Market May Spin Its Wheels On Thursday
The China stock market ticked higher again on Wednesday, one day after ending the two-day winning streak in which it had jumped more than 60 points or 1.6 percent. The Shanghai Composite Index now sits just above the 3,810-point plateau although it may hand back those gains on Thursday.
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Australian Market Modestly Lower
The Australian market is trading modestly lower on Thursday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to be a tad above the 8,800 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
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Taiwan Stock Market May Run Out Of Steam On Thursday
The Taiwan stock market has tracked higher in six straight sessions, collecting more than 1,170 points or 4.7 percent along the way. The Taiwan Stock Exchange now sits just beneath the 25,200-point plateau although it's overdue for profit taking on Thursday.
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hace 2h 30min