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CAC 40 Edges Higher In Cautious Trade
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(RTTNews) - French stocks were seeing modest gains on Thursday despite signs of weakening growth in China and Europe and uncertainty over interest rates.
The benchmark CAC 40 was up 0.2 percent at 7,205 after declining 0.8 percent the previous day.
Banks BNP Paribas, Credit Agricole and Societe Generale were subdued ahead of next week's ECB policy meeting.
The European Central Bank should raise interest rates next week, perhaps for the last time since inflation remained stubbornly high, Slovak policymaker Peter Kazimir said on Wednesday.
China-exposed LVMH rose 0.7 percent and Hermes added 0.6 percent after data showed Chinese exports and imports shrank less than expected in August.
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Asian Markets Track Wall Street Higher
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Sensex, Nifty Seen Higher At Open As Dollar Struggles
Indian shares look set to open on a positive note Friday despite persisting concerns over tariffs and inflation.
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Thai Stock Market Tipped To Open In The Green
The Thai stock market on Thursday ended the two-day winning streak in which it had jumped almost 35 points or 3.3 percent. The Stock Exchange of Thailand now sits just above the 1,105-point plateau although it's expected to move back to the upside again on Friday.
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Japanese Market Sharply Higher
Extending the gains in the previous three sessions, the Japanese market is sharply higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 40,100 level, with gains across most sectors led by index heavyweights, exporters and technology stocks.
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Hong Kong Bourse May Reverse Thursday's Losses
The Hong Kong stock market on Thursday snapped the four-day winning streak in which it had spiked more than 1,230 points or 5.1 percent. The Hang Seng Index now sits just above the 24,325-point plateau although it's likely to move back to the upside again on Friday.
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