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CAC 40 Gains As Inflation Slows
(RTTNews) - French stocks advanced on Wednesday as data showed inflation in the country unexpectedly slowed in December from a record high in the previous month.
France's EU-harmonized inflation rate fell to 6.7 percent in December from 7.1 percent in November, INSEE said.
Meanwhile the final purchasing managers index (PMI) for France's services sector rose to 49.5 points in December, slightly up from 49.3 points in November.
The benchmark CAC 40 jumped 93 points, or 1.4 percent, to 6,712 after rising 0.4 percent on Tuesday.
Sanofi shares rose half a percent. The healthcare firm said it expects a boost from foreign exchange movements and flu vaccine sales in its fourth-quarterly results, due to be published next month.
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Little Movement Seen For Malaysia Stock Market
The Malaysia stock market turned lower again on Friday, one day after ending the two-day slide in which it had slipped almost 7 point or 0.5 percent. The Kuala Lumpur Composite Index now sits just shy of the 1,610-point plateau and it figures to remain in that neighborhood again on Monday.
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1h 15min ago
Australia Manufacturing PMI Slips Into Contraction - S&P Global
The manufacturing sector in Australia fell into contraction territory in October, the latest survey from S&P Global revealed on Monday with a Performance of Manufacturing Index score of 49.7.
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1h 25min ago
New Zealand Building Permits Jump 7.2% In September
The total number of building permits issued in New Zealand was up a seasonally adjusted 7.2 percent on month in September, Statistics New Zealand said on Monday - coming in at 3,747.
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1h 35min ago
Tech Shares May Boost South Korea Stock Market
The South Korea stock market has tracked higher in three straight sessions, advancing almost 100 points or 2.5 percent in that span. Now at another fresh record closing high, the KOSPI sits just above the 4,100-point plateau and it may tick higher again on Monday.
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1h 45min ago
Australia Building Approval Data Due On Monday
Australia will on Monday release September figures for building approvals, highlighting a busy day for Asia-Pacific economic activity. In August, approvals were down 6.0 percent on month and 1.2 percent on year.
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2h 15min ago
Canadian Dollar Drops Against Most Majors
The Canadian dollar fell against its most major counterparts in the New York session on Friday.
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2 days ago
Swiss Market Settles Moderately Lower
The Switzerland market ended weak on Friday, in line with markets across Europe, as investors chose to trim down positions at several counters, continuing to react to earnings updates and assessing the developments on the trade front.
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2 days ago
European Markets Close Weak After Cautious Session
European markets closed weak on Friday, as investors reacted to a slew of earnings updates, regional economic data, and continued to assess the recent policy announcements from major central banks, and the developments on the trade front.
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2 days ago
