CAC 40 Little Changed As Geopolitical Tensions Ease

RTTNews | il y a 1078
CAC 40 Little Changed As Geopolitical Tensions Ease

(RTTNews) - French stocks were largely steady on Thursday, as concerns over geopolitical tensions eased and the focus returned to rising numbers of COVID-19 cases in China.

The benchmark CAC 40 was marginally higher at 6,608 after declining half a percent the previous day.

Automaker Renault rose 0.6 percent after industry data showed Europe's new car registrations increased for the third straight month in October.

New passenger car registrations logged a double-digit annual growth of 12.2 percent in October, faster than September's 9.6 percent increase.

Bouygues tumbled nearly 4 percent. The construction and media conglomerate confirmed its forecasts for sales and profitability in 2022 after reporting higher sales in the first nine months of the year.

However, net profit attributable to the group dropped to 537 million euros from 807 million euros last year.

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Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian markets are trading mixed on Friday, following the negative cues from Wall Street overnight, amid renewed uncertainty about the outlook for interest rates after Fed Chair Jerome Powell said a further reduction in rates in December is "not a foregone conclusion. Positive developments out of US President Donald Trump's meeting with Chinese President Xi Jinping is aiding market sentiment.
RTTNews | il y a 12 minutes
Japanese Market Sharply Higher

Japanese Market Sharply Higher

Extending the gains in the previous two sessions, the Japanese market is sharply higher on Friday, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving above the 52,200 level to fresh all-time highs, with gains in index heavyweights, exporters and technology stocks partially offset by weakness in automakers and financial stocks.
RTTNews | il y a 1h 58min
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is trading notably higher on Friday, snapping a three-session losing streak, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,900 level, with gains in gold miners and financial stocks.
RTTNews | il y a 2h 32min
Swiss Market Settles Slightly Down

Swiss Market Settles Slightly Down

The Switzerland market ended slightly down on Thursday, after languishing in the red almost right through the day's session, with investors reacting to corporate earnings updates, and a report showing signs of an improved outlook in the Swiss economy.
RTTNews | il y a 8h 54min
ECB Holds Interest Rates Steady Amid Uncertain Outlook

ECB Holds Interest Rates Steady Amid Uncertain Outlook

The European Central Bank maintained its key interest rates unchanged for a third policy session in a row on Thursday, as expected, as policymakers assessed that the outlook was broadly unchanged, but still uncertain due to global trade conflicts and geopolitical tensions.
RTTNews | il y a 12h 56min