CAC 40 Inches Higher In Cautious Trade

RTTNews | hace 918
Stocktwits
CAC 40 Inches Higher In Cautious Trade

(RTTNews) - French stocks rose on Monday after Chinese authorities unveiled sweeping measures to rescue the country's struggling property sector.

Investors also awaited the outcome of a rare face-to-face meeting between the leaders of the world's two largest economies taking place on the sidelines of this week's Group of 20 Summit in Bali.

The benchmark CAC 40 was up 31 points, or half a percent, at 6,625 after rising 0.6 percent on Friday.

Banks BNP Paribas, Credit Agricole and Societe Generale were seeing modest gains.

Orange, a telecom major, rose half a percent. The company said that its cyber-security arm, Orange Cyberdefense, has acquired SCRT and Telsys, two Swiss sister firms with expertise in cyber-security and related services. The financial terms of the transaction were not disclosed.

The acquisition further enhances Orange Cyberdefense's expertise in cyber threat intelligence, Orange said in a statement.

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Australian Market Halves Early Gains In Mid-market

Australian Market Halves Early Gains In Mid-market

The Australian stock market is halving its early gains in mid-market trading on Tuesday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,300 level, with gains in technology and financial stocks partially offset a mixed performance in mining and energy stocks.
RTTNews | hace 1h 11min
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as traders remain cautiously optimistic on the outlook for markets after the U.S.-China temporary trade truce. They now stay focused on the outcome of US trade negotiations with India and Japan. Some traders also locked in profits following the recent upside in the markets.
RTTNews | hace 1h 36min
Sensex, Nifty Set To Follow Global Peers Higher

Sensex, Nifty Set To Follow Global Peers Higher

Indian shares look set to open higher on Tuesday, tracking firm cues from global markets as China cut its benchmark lending rates for the first time in 7 months to boost its struggling economy amid rising trade tensions.
RTTNews | hace 2h 7min
Flat Lead Called For Thai Stock Market

Flat Lead Called For Thai Stock Market

The Thai stock market has alternated between positive and negative finishes through the last nine trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just above the 1,185-point plateau and it figures to see little movement on Tuesday.
RTTNews | hace 2h 44min
Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese stock market is trading significantly higher on Tuesday, snapping a four-session losing streak, following the broadly positive cues from Wall Street overnight, with the Nikkei 225 moving up to near the 37,800 level, with gains across all sectors led by index heavyweights and technology stocks.
RTTNews | hace 3h 5min
Indonesia Bourse Due For Profit Taking

Indonesia Bourse Due For Profit Taking

The Indonesia stock market has finished higher in five straight sessions, improving more than 310 points or 4.5 percent in that span. The Jakarta Composite Index now rests just above the 7,140-point plateau although investors may lock in gains on Tuesday.
RTTNews | hace 3h 14min
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