CAC 40 Slips As Recession Worries Mount

RTTNews | 1021天前
CAC 40 Slips As Recession Worries Mount

(RTTNews) - French stocks were moving lower on Friday as fears that the U.S. economy was heading towards recession overshadowed optimism over China's economic reopening.

The benchmark CAC 40 was down 12 points, or 0.2 percent, at 6,633 after declining around 0.2 percent in the previous session.

TotalEnergies SE declined 1.2 percent as oil prices remained on track for their biggest weekly drop in months on worries about a possible recession.

Thales fell around 1.5 percent after the Competition and Markets Authority in the U.K. found that Hitachi's anticipated purchase of Thales' rail infrastructure business could lead to higher fares in future.

The CMA is concerned that the deal could eliminate a credible competitor from the new tendering process for mainline signaling, just when both firms are expected to offer much-needed additional competition.

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Winning Streak May End For Thai Shares

Winning Streak May End For Thai Shares

The Thai stock market has tracked higher in two straight sessions, gathering more than 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,290-point plateau although it may be stuck in neutral on Friday.
RTTNews | 37分鐘前
Japanese Market Modestly Lower

Japanese Market Modestly Lower

Snapping a three-session winning streak, the Japanese market is modestly lower on Friday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 45,700 level, with weakness in technology stocks partially offset by gains in exporters and financial stocks.
RTTNews | 1小時0分鐘前
Lower Open Called For Indonesia Stock Market

Lower Open Called For Indonesia Stock Market

The Indonesia stock market on Thursday snapped the two-day winning streak in which it had advanced more than 85 points or 1.1 percent. The Jakarta Composite Index sits just above the 8,040-point plateau and it may spin its wheels again on Friday.
RTTNews | 1小時7分鐘前
Hong Kong Shares May Open In The Red On Friday

Hong Kong Shares May Open In The Red On Friday

The Hong Kong stock market turned lower again on Thursday, one day after ending the two-day slide in which it had slumped almost 400 points or 1.7 percent. The Hang Seng Index now sits just above the 26,480-point plateau and it's likely to extend those losses on Friday.
RTTNews | 1小時22分鐘前
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Friday, reversing the gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,750 level, with weakness in gold miner, financial and technology stocks partially offset by gains in iron miner stocks.
RTTNews | 1小時23分鐘前
China Stock Market May Remain Stuck In Neutral On Friday

China Stock Market May Remain Stuck In Neutral On Friday

The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had dropped more than 55 points or 1.5 percent. The Shanghai Composite Index now rests just above the 3,850-point plateau although it's likely to open in the red on Friday.
RTTNews | 1小時37分鐘前
Taiwan Bourse May Give Up Support At 26,000 Points

Taiwan Bourse May Give Up Support At 26,000 Points

The Taiwan stock market has finished lower in back-to-back sessions, sinking more than 220 points or 0.8 percent in that span. The Taiwan Stock Exchange now sits just above the 26,000-point plateau and it's looking at another soft start again on Friday.
RTTNews | 2小時7分鐘前
Soft Start Anticipated For Singapore Stock Market

Soft Start Anticipated For Singapore Stock Market

The Singapore stock market has finished lower in consecutive trading days, giving up almost 30 points or 0.8 percent in that span. The Straits Times Index now sits just above the 4,270-point plateau and it may open under pressure again on Friday.
RTTNews | 2小時37分鐘前