CAC 40 Slides On China Growth Concerns

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CAC 40 Slides On China Growth Concerns

(RTTNews) - French stocks traded lower on Tuesday amid growing doubts about the strength of China's post-Covid recovery and signs of increasing tensions between Washington and Beijing.

China reportedly declined a U.S. invitation for a meeting between U.S. defense secretary Lloyd Austin and Chinese defense minister Li Shangfu at a forum in Singapore later this week.

Investors were also focused on the latest U.S. debt ceiling developments after a handful of Republican lawmakers said they would oppose a deal to raise the United States' $31.4 trillion debt ceiling.

The benchmark CAC 40 was down 27 points, or 0.4 percent, at 7,276 after declining 0.2 percent the previous day.

Among the prominent decliners, Danone and Pernod Ricard and TotalEnergies were down around 1 percent each.

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Thai Shares Likely To Remain Rangebound

Thai Shares Likely To Remain Rangebound

Ahead of Monday's holiday for King Maha's birthday, the Thai stock market had alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had spiked more than 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just above the 1,215-point plateau and it's expected to remain in that neighborhood again on Tuesday.
RTTNews | il y a 1h 1min
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, extending the losses in the previous two sessions, following the mixed cues from Wall Street overnight, with the Nikkei 225 falling well above the 39,700 level, with weakness across all sectors led by automakers, exporters and financial stocks.
RTTNews | il y a 1h 30min
Win Streak May End For Indonesia Stock Market

Win Streak May End For Indonesia Stock Market

The Indonesia stock market has moved higher in four straight sessions, advancing more than 260 points or 2.8 percent along the way. The Jakarta Composite Index now sits just above the 7,610-point plateau although investors are likely to cash in on Tuesday.
RTTNews | il y a 1h 31min
Hong Kong Shares Tipped To Open Under Pressure

Hong Kong Shares Tipped To Open Under Pressure

The Hong Kong stock market rebounded on Monday, one session after ending the five-day winning streak in which it had rallied almost 1,300 points or 5.1 percent. The Hang Seng Index now sits just above the 25,560-point plateau although it may hand back those gains on Tuesday.
RTTNews | il y a 1h 46min
China Shares May Head South Again On Tuesday

China Shares May Head South Again On Tuesday

The China stock market moved back to the upside again on Monday, one session after halting the six-day winning streak in which it had advanced more than 100 points or 2.8 percent. The Shanghai Composite Index now sits just beneath the 3,600-point plateau although it may spin its wheels again on Tuesday.
RTTNews | il y a 2h 1min
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, reversing the slight gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,700 level, with weakness in mining, financial and technology stocks partially offset by some gains in energy stocks.
RTTNews | il y a 2h 7min
Taiwan Stock Market May Hand Back Monday's Gains

Taiwan Stock Market May Hand Back Monday's Gains

The Taiwan stock market bounced higher again on Monday, one session after snapping the two-day winning streak in which it had gained almost 400 points or 1.8 percent. The Taiwan Stock Exchange now sits just above the 23,410-point plateau although it's likely to head south again on Tuesday.
RTTNews | il y a 2h 31min