CAC 40 Rallies After Softer Inflation Data

RTTNews | hace 681
CAC 40 Rallies After Softer Inflation Data

(RTTNews) - French stocks rallied on Friday after data showed French inflation unexpectedly slowed in September as a result of easing food prices.

Inflation in France stood at 4.9 percent in September, the same as in August, official data revealed.

However, the harmonized index, which is important for the European Central Bank, rose 5.6 percent from a year earlier, after a 5.7 percent in August.

Eurozone inflation data and the Fed's preferred inflation gauge are due for release later in the day.

The benchmark CAC 40 rose 62 points, or 0.9 percent, to 7,178 after rising 0.6 percent the previous day.

China-exposed luxury stocks traded higher, with LVMH, Kerin and Hermes International rallying 2-4 percent on expectations of increased sales during the Golden Week holiday in mainland China.

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Australian Market Maintains Early Gains In Mid-market

Australian Market Maintains Early Gains In Mid-market

The Australian stock market is maintaining its early gains in mid-market trading on Monday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,800.00 level, with gains in iron ore miners, energy and financial stocks partially offset by weakness in gold miners and technology stocks
RTTNews | hace 1h 9min
Asian Markets Track Wall Street Higher

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RTTNews | hace 1h 13min
Indonesia Bourse May Add To Its Winnings On Monday

Indonesia Bourse May Add To Its Winnings On Monday

The Indonesia stock market on Friday snapped the two-day slide in which it had slipped more than 25 points or 0.3 percent. The Jakarta Composite Index now sits just above the 7,530-point plateau and it may extend its gains on Monday.
RTTNews | hace 2h 56min
Higher Open Called For Hong Kong Stock Market

Higher Open Called For Hong Kong Stock Market

The Hong Kong stock market on Friday wrote a finish to the four-day winning streak in which it had rallied more than 570 points or 2.4 percent. The Hang Seng Index now rests just above the 24,850-point plateau although it may bounce higher again on Monday.
RTTNews | hace 3h 11min
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is modestly higher on Monday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,800.00 level, with gains in iron ore miners, energy and financial stocks partially offset by weakness in gold miners and technology stocks.
RTTNews | hace 3h 12min
Mild Upside Seen For China Stock Market

Mild Upside Seen For China Stock Market

The China stock market on Friday halted the four-day winning streak in which it had gathered almost 80 points or 2.4 percent. The Shanghai Composite Index now sits just above the 3,635-point plateau although it may tick higher again on Monday.
RTTNews | hace 3h 26min
Taiwan Bourse May Extend Winning Streak

Taiwan Bourse May Extend Winning Streak

The Taiwan stock market has moved higher in two straight sessions, rallying more than 570 points or 2.4 percent along the way. The Taiwan Stock Exchange now sits just above the 24,020-point plateau and it may add to its winnings again on Monday.
RTTNews | hace 3h 56min