CAC 40 Gains On Earnings Boost

RTTNews | 923天前
CAC 40 Gains On Earnings Boost

(RTTNews) - French stocks were sharply higher on Thursday as investors cheered strong earnings results and waited for U.S. inflation data due next week for additional clues on the U.S. rate outlook.

The benchmark CAC 40 was up 80 points, or 1.1 percent, at 7,199 after declining 0.2 percent on Wednesday.

Vinci jumped 2.2 percent. After posting strong financial results for fiscal year 2022, the construction and infrastructure company said it expects a further increase in turnover and operating profit in 2023.

Lender Credit Agricole soared 4.2 percent after reporting a higher-than-expected profit in the fourth quarter on lower provisions and a strong performance at its investment banking division.

Airbus gained half a percent after reports that it may appoint an interim CFO.

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Fed Minutes Reveal Details Behind Split Interest Rate Decision

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The minutes of the Federal Reserve's latest monetary policy meeting revealed most officials still see the upside risk to inflation as the bigger threat to the economic outlook, although a couple were more worried about the downside risk to employment.
RTTNews | 1小時42分鐘前
TSX Modestly Higher As Materials, Energy Stocks Gain

TSX Modestly Higher As Materials, Energy Stocks Gain

The Canadian market is modestly higher Wednesday afternoon, lifted by strong gains in materials and energy sectors. The mood remains a bit cautious ahead of the Federal Bank's symposium in Jackson Hole, Wyoming, where several central bank chiefs including Fed Chair Jerome Powell are set to make speeches.
RTTNews | 1小時57分鐘前
Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

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RTTNews | 2小時24分鐘前
European Stocks Closed On Mixed Note

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RTTNews | 2小時39分鐘前
Target Q2 Down, Yet Beats Street, Backs FY25 View, Names Michael Fiddelke CEO; Shares Hit

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RTTNews | 7小時10分鐘前
Indonesia Unexpectedly Cuts Interest Rate

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Indonesia's central bank eased its monetary policy unexpectedly on Wednesday in order to bolster economic growth amid inflation remaining well within the target range. The Bank Indonesia board, led by Governor Perry Warjiyo, decided to cut the BI rate by 25 basis points to 5.0 percent.
RTTNews | 7小時35分鐘前
Bay Street Likely To Open On Subdued Note

Bay Street Likely To Open On Subdued Note

Canadian shares look headed for a somewhat subdued start on Wednesday as investors, looking for further progress in geopolitical and trade talks, are likely to remain largely cautious with their moves. Energy and gold stocks may attract buyers thanks to higher oil and bullion prices.
RTTNews | 7小時57分鐘前