CAC 40 Rebounds Ahead Of Consumer Confidence Data

RTTNews | hace 913
CAC 40 Rebounds Ahead Of Consumer Confidence Data

(RTTNews) - French stocks bounced back on Monday after seeing heavy losses in the previous session on worries about inflation and the impact of higher interest rates on global growth.

The benchmark CAC 40 was up 91 points, or 1.3 percent, at 7,278 after losing 1.8 percent on Friday.

The economic calendar remains light today, with a report on euro area consumer confidence for February awaited later in the day.

Airbus gained 1 percent. The plane maker, in its latest study of future demand, stated that airlines based in the Pacific region will need delivery of 920 new aircraft over the next 20 years.

Globally, Airbus forecasts demand for 39,490 new aircraft over the next 20 years, including 17,620 in the wider Asia-Pacific region.

Thales Group shares were also up around 1 percent. The maker of electrical systems and devices announced that it is continuing its recruitment initiative in 2023 with a plan to hire over 12, 000 staff around the globe.

The recruitment aims to further boost growth in the aerospace, defense and security, and digital identity and security segments of the company.

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Asian Markets Mixed Amid Caution Trades

Asian Markets Mixed Amid Caution Trades

Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.
RTTNews | hace 21 minutos
Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.
RTTNews | hace 1h 27min
Japanese Market Notably Lower

Japanese Market Notably Lower

Giving up some of the gains in the previous two sessions, the Japanese market is notably lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 42,700 level, with weakness across most sectors led by exporters and technology stocks.
RTTNews | hace 1h 45min
Additional Support Predicted For Indonesia Shares

Additional Support Predicted For Indonesia Shares

The Indonesia stock market has moved higher in two consecutive trading days, gathering almost 50 points or 0.6 percent in that span. The Jakarta Composite Index now sits just above the 7,950-point plateau and it may add to its winnings on Friday.
RTTNews | hace 1h 57min
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday, giving up some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
RTTNews | hace 2h 6min
Hong Kong Shares May Stop The Bleeding On Friday

Hong Kong Shares May Stop The Bleeding On Friday

The Hong Kong stock market has finished lower in three straight sessions, tumbling almost 830 points or 3.3 percent along the way. The Hang Seng Index now rests just beneath the 25,000-point plateau although it may find traction on Friday.
RTTNews | hace 2h 12min
Higher Open Called For China Stock Market

Higher Open Called For China Stock Market

The China stock market on Thursday snapped the two-day losing streak in which it had stumbled more than 80 points or 2.1 percent. The Shanghai Composite Index now sits just above the 3,840-point plateau and it's expected to see additional support on Friday.
RTTNews | hace 2h 27min