CAC 40 Climbs As Investors Await Fed Meeting Outcome

RTTNews | 935天前
CAC 40 Climbs As Investors Await Fed Meeting Outcome

(RTTNews) - French stocks rose notably on Wednesday, Eurozone bond yields struggled for direction and the dollar dipped as investors awaited the U.S. Fed's monetary policy announcement later in the day.

The U.S. central bank is widely expected to raise interest rates by another 75 basis points, but investors are pinning hopes that the Fed will signal plans to slow the pace of rate hikes at upcoming meetings.

The benchmark CAC 40 was up 46 points, or 0.7 percent, at 6,374 after climbing 1 percent in the previous session.

Sodexo shares fell about 2 percent as the food services and facilities management company announced its strategic plans to accelerate future revenue growth.

The company said that it is confident of achieving 8-10 percent organic revenue growth at constant rates for 2023, if it could implement its plans successfully.

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Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Monday, extending the gains in the previous session, despite the broadly negative cues from Wall Street on Friday, with the Nikkei 225 moving up to near the 37,400 level, with gains in index heavyweights, automakers and technology stocks.
RTTNews | 19分鐘前
Win Streak May End For Indonesia Stock Market

Win Streak May End For Indonesia Stock Market

The Indonesia stock market has moved higher in three straight sessions, gathering more than 120 points or 1.7 percent along the way. The Jakarta Composite Index now rests just above the 7,210-point plateau, although the rally may stall on Monday.
RTTNews | 22分鐘前
Lower Open Called For Hong Kong Stock Market

Lower Open Called For Hong Kong Stock Market

The Hong Kong stock market bounced higher again on Friday, one day after snapping the two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just above the 23,600-point plateau although it's tipped to open in the red on Monday.
RTTNews | 37分鐘前
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is slightly lower in choppy trading on Monday, reversing some of the gains in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying near the 8,350.00 level, with a mixed performance across most sectors. Gold miners were the only bright spot
RTTNews | 51分鐘前
China Shares Likely To Open To The Downside Again On Monday

China Shares Likely To Open To The Downside Again On Monday

The China stock market has moved lower in two straight sessions, falling almost 40 points or 1.2 percent along the way. The Shanghai Composite Index now rests just beneath the 3,350-point plateau and it's looking at another soft start again on Monday.
RTTNews | 52分鐘前
Taiwan Shares May See Further Damage Again On Monday

Taiwan Shares May See Further Damage Again On Monday

The Taiwan stock market has moved lower in back-to-back sessions, sinking more than 150 points or 0.7 percent along the way. The Taiwan Stock Exchange now sits just above the 21,650-point plateau and it may extend its losses on Monday.
RTTNews | 1小時22分鐘前
Singapore Bourse Likely To Remain Rangebound

Singapore Bourse Likely To Remain Rangebound

The Singapore stock market ticked higher again on Friday, one day after ending the two-day winning streak in which it had risen just 6 points or 0.15 percent. The Straits Times Index now sits just above the 3,880-point plateau, although it may remain stuck in neutral on Monday.
RTTNews | 1小時52分鐘前
Malaysia Stock Market May See Renewed Consolidation

Malaysia Stock Market May See Renewed Consolidation

The Malaysia stock market on Friday ended the six-day losing streak in which it had tumbled more than 55 points or 3.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,535-point plateau although it's expected to open under pressure again on Monday.
RTTNews | 2小時22分鐘前