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CAC 40 Rises As China Lifts Ban On Group Travel
(RTTNews) - French stocks were rising on Thursday amid hopes that U.S. consumer price inflation data due out later in the day will support the end of the Federal Reserve's monetary tightening cycle.
The benchmark CAC 40 was up 87 points, or 1.2 percent, at 7,408 after climbing 0.7 percent in the previous session.
China-related luxury makers were rising after China announced it would allow group tours to 12 more locations across Asia.
This is the first time in six years that China is allowing group tours to South Korea, having banned such tours in 2017 in response to the deployment of the Terminal High Altitude Area Défense system in South Korea.
LVMH and Hermes both jumped over 2 percent.
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European Shares Seen Tad Lower At Open
European stocks may drift lower on Wednesday as market participants assess the outcome of U.S.-China trade negotiations.
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1h 17min ago
Sensex, Nifty Marginally Higher In Lackluster Trade
Indian shares were marginally higher on Wednesday after top U.S. and Chinese officials agreed on a "framework" to move forward on trade, following two days of high-level talks in London.
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2h 29min ago
Australian Market Trims Early Gains In Mid-market
The Australian market is trimming its early gains in mid-market moves on Wednesday, but extending the gains in the previous session, with the benchmark S&P/ASX 200 moving above the 8,600 level to fresh all-time highs, following the positive cues from Wall Street overnight, with gains in iron ore miners, energy and financial stocks partially offset by weakness in gold miners and technology stocks.
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3h 30min ago
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid easing trade war tensions after top U.S. and Chinese officials agreed upon a "framework" to move forward on trade, following two days of high-level talks in London. The framework will first need to be approved by leaders in Washington and Beijing.
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3h 54min ago
Sensex, Nifty Set For Muted Start
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4h 23min ago
Thai Bourse May Extend Tuesday's Gains
The Thai stock market on Tuesday ended the two-day slide in which it had slipped more than 5 points or 0.4 percent. The Stock Exchange of Thailand now rests just beneath the 1,140-point plateau and it may tick higher again on Wednesday.
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4h 54min ago
Japanese Market Modestly Higher
The Japanese stock market is trading modestly higher on Wednesday, extending the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 38,300 level, with gains across most sectors led by index heavyweights and technology stocks. Financial stocks are a weak spot.
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5h 20min ago
Indonesia Shares May Open To The Upside
The Indonesia stock market has moved higher in three straight sessions, gathering almost 190 points or 2.7 percent along the way. The Jakarta Composite Index now rests just above the 7,230-point plateau and it's looking at a firm lead again for Wednesday's trade.
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5h 24min ago
