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CAC 40 Gains As Inflation Slows
(RTTNews) - French stocks advanced on Wednesday as data showed inflation in the country unexpectedly slowed in December from a record high in the previous month.
France's EU-harmonized inflation rate fell to 6.7 percent in December from 7.1 percent in November, INSEE said.
Meanwhile the final purchasing managers index (PMI) for France's services sector rose to 49.5 points in December, slightly up from 49.3 points in November.
The benchmark CAC 40 jumped 93 points, or 1.4 percent, to 6,712 after rising 0.4 percent on Tuesday.
Sanofi shares rose half a percent. The healthcare firm said it expects a boost from foreign exchange movements and flu vaccine sales in its fourth-quarterly results, due to be published next month.
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Thai Bourse May Extend Losing Streak
The Thai stock market has finished lower in two straight sessions, giving away more than 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,175-point plateau and it may tick lower again on Friday.
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Japanese Market Notably Higher
Reversing the losses in the previous two sessions, the Japanese market is notably higher on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 37,250 level, with gains across most sectors led by index heavyweights, exporters and technology stocks.
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Indonesia Stock Market May Spin Its Wheels On Friday
The Indonesia stock market has moved higher in two straight sessions, gathering more than 70 points or 1 percent along the way. The Jakarta Composite Index now rests just above the 7,165-point plateau, although the rally may stall on Friday.
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Australian Market Modestly Higher
The Australian stock market is trading modestly higher on Friday after opening in the red, reversing some of the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving to near the 8,400 level, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
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Hong Kong Shares Expected To Open To The Downside
The Hong Kong stock market on Thursday ended the two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just beneath the 23,550-point plateau and it's tipped to open in the red again on Friday.
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Lower Open Predicted For China Stock Market
The China stock market on Thursday ended the three-day winning streak in which it had improved more than 20 points or 0.6 percent. The Shanghai Composite Index now rests just above the 3,380-point plateau and it's looking at another soft start again on Friday.
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Taiwan Stock Market May Extend Thursday's Losses
The Taiwan stock market on Thursday snapped the two-day winning streak in which it had advanced more than 280 points or 1.3 percent. The Taiwan Stock Exchange now sits just above the 21,800-point plateau, although it's expected to open under pressure on Thursday.
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il y a 1h 49min
Singapore Bourse Likely To Remain Rangebound
The Singapore stock market on Thursday snapped the two-day winning streak in which it had risen just 6 points or 0.15 percent. The Straits Times Index now sits just above the 3,880-point plateau, and it may spin its wheels again on Friday.
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