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CAC 40 Gains As Industrial Output Extends Rebound
(RTTNews) - French stocks traded higher on Friday while the dollar and bond yields retreated ahead of the U.S. nonfarm payrolls survey results due later in the day.
Meanwhile, France's industrial production growth more than doubled in December, data from the statistical office INSEE showed earlier in the day.
Industrial output grew 1.1 percent on a monthly basis, following November's 0.5 percent gain. The growth rate was forecast to ease to 0.2 percent amid sluggish activity in the wider euro area.
Similarly, growth in manufacturing output advanced to 1.2 percent from 0.2 percent a month ago.
The benchmark CAC 40 was up 27 points, or 0.4 percent, at 7,615 after declining 0.9 percent the previous day.
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Australian Market Swings To Modest Gains In Mid-market
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Sensex, Nifty Seen Tad Higher At Open As IIP Growth Recovers
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Thai Stock Market Tipped To Open In The Green
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Japanese Market Notably Lower
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Additional Support Predicted For Indonesia Shares
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4h 16min ago
Australian Market Slightly Lower
The Australian stock market is trading slightly lower on Friday, giving up some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
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