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CAC 40 Declines As Growth Worries Deepen
(RTTNews) - French stocks were moving lower on Thursday after data showed U.S. retail sales fell by the most in a year in December, raising concerns about consume spending and the health of the economy.
Weak readings on producer prices and industrial production for the month also stoked concerns over the outlook for economic growth and corporate earnings.
The benchmark CAC 40 dropped 34 points, or half a percent, to 7,048 after ending flat with a positive bias on Wednesday.
Oil & gas stocks fell, with TotalEnergies declining more than 1 percent as crude prices fell nearly $1 a barrel on concerns about the outlook for fuel demand.
Banks BNP Paribas, Credit Agricole and Societe Generale all fell around 1 percent.
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Lower Open Called For Thai Stock Market
The Thai stock market headed south again on Friday, one day after ending the two-day slide in which it had given up more than 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just beneath the 1,270-point plateau and it's expected to see continued consolidation on Monday.
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1घंटे 17 मिनट पहले
Indonesia Shares May Take Further Damage On Monday
The Indonesia stock market has finished lower in back-to-back sessions, falling almost 20 points or 0.3 percent along the way. The Jakarta Composite Index now sits just above the 8,370-point plateau and it's likely to open under water again on Monday.
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1घंटे 47 मिनट पहले
Japanese Market Modestly Lower
The Japanese stock market is trading modestly lower on Monday, extending the sharp losses in the previous session, following the mixed cues from Wall Street on Friday, with the Nikkei 225 falling below the 50,200 level, with weakness exporter and automaker stocks as well as a mixed performance across most other sectors.
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1घंटे 51 मिनट पहले
Hong Kong Bourse Tipped To Open In The Red
The Hong Kong stock market on Friday wrote a finish to the four-day winning streak in which it had rallied almost 825 points or 3.5 percent. The Hang Seng Index now rests just above the 26,570-point plateau and it may take further damage on Monday.
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2घंटे 2 मिनट पहले
Australian Market Slightly Lower
The Australian stock market is slightly lower on Monday, adding to the losses in the previous four sessions, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying well below the 8,650.00 level, with weakness in iron ore miners and technology stocks partially offset by gains in gold miners and financial stocks.
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2घंटे 14 मिनट पहले
Lower Open Predicted For China Stock Market
The China stock market turned lower again on Friday, one day after ending the two-day slide in which it had fallen almost 20 points or 0.5 percent. The Shanghai Composite Index now sits just above the 3,990-point plateau and it may extend its losses on Monday.
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2घंटे 17 मिनट पहले
Losing Streak May Continue For Taiwan Stock Market
The Taiwan stock market has finished lower in back-to-back sessions, tumbling almost 550 points or 2 percent along the way. The Taiwan Stock Exchange now sits just beneath the 27,400-point plateau and it may see mild consolidation again on Monday.
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2घंटे 47 मिनट पहले
Singapore Shares May Open Under Water On Monday
The Singapore stock market on Friday snapped the three-day winning streak in which it had climbed almost 90 points or 2 percent. The Straits Times Index now sits just beneath the 4,550-point plateau and it's looking at another soft start again on Monday.
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