CAC 40 Rises With Political Turmoil In Focus

RTTNews | 259天前
CAC 40 Rises With Political Turmoil In Focus

(RTTNews) - French stocks were sharply higher on Tuesday despite Prime Minister Michel Barnier bracing for a no-confidence vote this week over a budget dispute.

After Barnier invoked a rarely used constitutional mechanism to push through the contentious 2025 budget without parliamentary approval, Marine Le Pen's far-right National Rally and the leftist New Popular Front both have filed no-confidence motions, setting the stage for a vote as early as Wednesday that could see Barnier's ouster.

The benchmark CAC 40 was up 72 points, or 1 percent, at 7,309 after finishing marginally higher the previous day.

Worldline SA shares were up 2.6 percent, extending gains from the previous session after the payments group attracted takeover interest from private equity firms.

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Renewed Consolidation Likely For Singapore Shares

Renewed Consolidation Likely For Singapore Shares

The Singapore stock market on Tuesday ended the three-day slide in which it had dropped more than 80 points or 1.9 percent. The Straits Times Index now sits just above the 4,215-point plateau although it figures to head south again on Wednesday.
RTTNews | 10分鐘前
Japan Core Machinery Orders Climb 3.0% In June

Japan Core Machinery Orders Climb 3.0% In June

The value of core machinery orders in Japan was up a seasonally adjusted 3.0 percent on month in June, the Cabinet Office said on Wednesday - coming in at 941.2 billion yen.
RTTNews | 14分鐘前
Rally May Stall For Malaysia Stock Market

Rally May Stall For Malaysia Stock Market

The Malaysia stock market has moved higher in two straight sessions, collecting almost 15 points or 0.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,590-point plateau although it may run out of steam on Wednesday.
RTTNews | 40分鐘前
Japan Shares May Extend Tuesday's Losses

Japan Shares May Extend Tuesday's Losses

The Japan stock market on Tuesday ended the two-day winning streak in which it had surged more than 1,120 points or 2.8 percent. The Nikkei 225 now sits just beneath the 43,550-point plateau and the losses may accelerate on Wednesday.
RTTNews | 55分鐘前
Tech Shares May Drag South Korea Lower On Wednesday

Tech Shares May Drag South Korea Lower On Wednesday

The South Korea stock market has moved lower in back-to-back sessions, sinking almost 75 points or 2.4 percent along the way. The KOSPI now sits just above the 3,150-point plateau and it may take further damage again on Wednesday.
RTTNews | 1小時10分鐘前
New Zealand Rate Decision On Tap For Wednesday

New Zealand Rate Decision On Tap For Wednesday

The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBNZ is expected to trim its Official Cash Rate (OCR) by 25 basis points, to 3.00 percent from 3.25 percent.
RTTNews | 2小時10分鐘前
Canadian Market Modestly Lower In Cautious Trade

Canadian Market Modestly Lower In Cautious Trade

After moving modestly higher in early trades, the Canadian market gave up gains as investors digested the nation's inflation data, and closely followed the developments on Russia-Ukraine peace talks front.
RTTNews | 5小時41分鐘前