CAC-40 Rises On Earnings Boost

RTTNews | 823天前
CAC-40 Rises On Earnings Boost

(RTTNews) - The CAC-40 rallied on Thursday amidst a strong batch of corporate earnings that reiterated the strength of the economy. Markets also shrugged off strong economic data from the U.S. to rule out a hard landing for the economy.

The CAC-40 is currently trading at 7,383.79, up 1.14 percent from the previous close. The day's trading has been between 7,345.10 and 7,387.29.

Only 5 scrips among the 40 scrips in the index are trading in negative territory.

Telecom business Orange surged more than 5 percent following strong financial results. Distiller Pernod Ricard also gained more than 5 percent after posting upbeat results.

Luxury goods maker Kering extended gains with a 3.7 percent addition.

Airbus, Societe Generale, Air Liquide and Worldline, Dassault Systemes have all rallied more than 2 percent.

The EUR/USD pair has edged 0.17 percent lower to 1.0707.

The ten-year bond yield has decreased 0.5 percent to 2.929% versus the previous close of 2.944%.

read more
Dollar Index Extends Gains On Trade Deal Optimism

Dollar Index Extends Gains On Trade Deal Optimism

Rising optimism surrounding trade deals between the U.S. and its trading partners, and in particular the significant easing in trade tensions between the U.S. and China bolstered the U.S. dollar during the week ended May 16.
RTTNews | 1小時17分鐘前
FTSE 100 Drifts Lower In Cautious Trade

FTSE 100 Drifts Lower In Cautious Trade

U.K. stocks are down in negative territory, losing ground after making a good upmove in the previous week. Investors, awaiting the outcome of a UK - European Union summit in London, are largely making cautious moves.
RTTNews | 1小時53分鐘前
CAC 40 Moderately Lower; BNP Paribas Rises On Buyback Announcement

CAC 40 Moderately Lower; BNP Paribas Rises On Buyback Announcement

French stocks are down in negative territory on Monday, retreating from a one-month high recorded in the previous session, as investors make cautious moves amid some concerns about global growth following a downward revision in U.S. credit rating.
RTTNews | 2小時36分鐘前
DAX Down Marginally In Cautious Trade

DAX Down Marginally In Cautious Trade

German stocks are exhibiting weakness on Monday in cautious trade after recent gains. Investors are assessing possible risks to global economic growth due to geopolitical tensions and tariff uncertainty, as well as a downgrade in U.S. sovereign debt.
RTTNews | 3小時1分鐘前
China Industrial Output Growth Tops Expectations; Retail Sales Disappoint

China Industrial Output Growth Tops Expectations; Retail Sales Disappoint

China's industrial production increased more than expected in April despite trade tariff hikes and the unemployment rate dropped marginally but growth in retail sales fell short of expectations signalling weaker domestic demand, official data revealed on Monday. Industrial output logged an annual growth of 6.1 percent in April after rising 7.7 percent in March.
RTTNews | 5小時22分鐘前