CAC 40 Climbs After ECB's Dovish Rate Hike

RTTNews | 713 days ago
CAC 40 Climbs After ECB's Dovish Rate Hike

(RTTNews) - French stocks advanced on Friday after the European Central Bank signalled that Thursday's rate hike could be the last hike in the current cycle. Improved retail sales and industrial production data from China also boosted sentiment.

The benchmark CAC 40 was up 105 points, or 1.4 percent, at 7,413 after climbing 1.2 percent the previous day.

Eutelsat Communications S.A., a telecommunication satellite operator, jumped 1.3 percent.

The company announced that channel programmer and distributor wedotv has launched a new FAST channel platform for audiences in Italy via Eutelsat's HOTBIRD satellites.

Luxury stocks were moving higher, buoyed by more stimulus measures from China. Kering jumped 2.7 percent, LVMH added 3.5 percent and Hermes rose 2 percent.

Vinci SA, a concessions and construction firm, gained 1.3 percent after its unit, Vinci Construction Grands Projets, has bagged a 160 million euros contract to design and build a 180,000 m3 liquefied natural gas or LNG tank in The Netherlands.

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European Shares Seen Higher At Open

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RTTNews | 1h 1min ago
Sensex Nifty Decline On Tariff Worries

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Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.
RTTNews | 1h 54min ago
European Economic News Preview: Eurozone Economic Sentiment Data Due

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RTTNews | 1h 55min ago
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

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RTTNews | 3h 21min ago
Asian Markets Trade Mostly Higher

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RTTNews | 3h 36min ago
Swiss Market Settles Modestly Higher

Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.
RTTNews | 4h 18min ago
Japanese Market Notably Higher

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The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.
RTTNews | 4h 27min ago