CAC 40 Declines On Growth Worries

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CAC 40 Declines On Growth Worries

(RTTNews) - French stocks fell on Tuesday amid growth concerns after a survey showed business activity in the country grew at the slowest pace in four months in May.

The flash reading for the May composite PMI - which comprises both the services and manufacturing sectors - fell from 52.4 to 51.4 - marking the lowest level since a January reading of 49.0. Economists forecast a reading of 52.0 points.

U.S. debt ceiling worries and signs of increasing Sino-U.S. tensions also kept investors nervous.

The benchmark CAC 40 was down 0.8 percent at 7,416 after closing 0.2 percent lower the previous day.

Lender Societe Generale jumped 2.4 percent after the lender confirmed the launch of a global employee share ownership program.

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European Shares Seen Tad Lower At Open

European Shares Seen Tad Lower At Open

European stocks are seen opening flat to slightly lower on Friday as a busy week for central bank meetings and key economic releases draws to an end.
RTTNews | 21 मिनटों पहले
Sensex, Nifty Open Lower After Three Days Of Gains

Sensex, Nifty Open Lower After Three Days Of Gains

Indian shares traded lower on Friday due to profit taking after recent gains supported by GST reforms and encouraging progress in India-U.S. trade discussions.
RTTNews | 1घंटे 16 मिनट पहले
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market moves on Friday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up near the 8,800 level, with gains in financial, energy and technology stocks partially offset by a mixed performance in mining stocks.
RTTNews | 2घंटे 35 मिनट पहले
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Friday, following the broadly positive cues from Wall Street overnight, as traders continued to digest the US Fed's interest rate cut by a quarter point and its impact on the markets. Fed officials' forecasts suggest two more rate cuts this year but just one next year, although there were significant differences of opinion about the outlook.
RTTNews | 2घंटे 54 मिनट पहले
Sensex, Nifty Eye Cautious Start After Recent Gains

Sensex, Nifty Eye Cautious Start After Recent Gains

Indian shares are seen opening little changed on Friday after recent gains supported by GST reforms and encouraging progress in India-U.S. trade discussions.
RTTNews | 3घंटे 23 मिनट पहले
Thai Shares May Halt Slide On Friday

Thai Shares May Halt Slide On Friday

The Thai stock market has moved lower in consecutive trading days, shedding more than 10 points of 0.8 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,300-point plateau, although it may find support on Friday.
RTTNews | 3घंटे 56 मिनट पहले
Japanese Market Notably Higher

Japanese Market Notably Higher

Extending the gains in the previous session, the Japanese market is notably higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 45,700 level, with gains across most sectors led by automakers, financial and technology stocks.
RTTNews | 4घंटे 14 मिनट पहले