CAC 40 Slips On Growth Concerns

RTTNews | 658 days ago
CAC 40 Slips On Growth Concerns

(RTTNews) - French stocks fell on Thursday to extend losses from the previous session on concerns about America's ability to govern itself.

Meanwhile, a survey showed today that France's services sector contracted more than initially estimated in July, spurring fresh concerns about growth.

The benchmark CAC 40 was down 76 points, or 1 percent, at 7,236 after closing 1.3 percent lower on Wednesday.

Societe Generale shares jumped nearly 2 percent after the lender returned to profit in the second quarter of this year and announced the launch of the 2022 share buyback program, for around 440 million euros.

Axa dropped 1.4 percent. The insurer reported that its first-half net income edged down to 3.833 billion euros from last year's 3.852 billion euros.

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Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market moves on Friday, reversing some of the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving to near the 8,400 level, with gains is financial and technology stocks partially offset by weakness in mining and energy stocks.
RTTNews | 40 minutes ago
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, as US Treasury yields eased on improved US data and comments from a US Fed official that he still sees a path to interest rate cuts later this year. Concerns about the fiscal impact of the US Republican tax cut bill is weighing on the markets. Asian markets ended mostly lower on Thursday.
RTTNews | 1h 1min ago
Sensex, Nifty Seen Higher At Open

Sensex, Nifty Seen Higher At Open

Indian shares are seen opening a tad higher on Friday as U.S. Treasury yields eased on improved U.S. data and comments from a Federal Reserve official that he still sees a path to interest rate cuts later this year.
RTTNews | 1h 24min ago
Thai Bourse May Extend Losing Streak

Thai Bourse May Extend Losing Streak

The Thai stock market has finished lower in two straight sessions, giving away more than 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,175-point plateau and it may tick lower again on Friday.
RTTNews | 2h 0min ago
Japanese Market Notably Higher

Japanese Market Notably Higher

Reversing the losses in the previous two sessions, the Japanese market is notably higher on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 37,250 level, with gains across most sectors led by index heavyweights, exporters and technology stocks.
RTTNews | 2h 28min ago
Indonesia Stock Market May Spin Its Wheels On Friday

Indonesia Stock Market May Spin Its Wheels On Friday

The Indonesia stock market has moved higher in two straight sessions, gathering more than 70 points or 1 percent along the way. The Jakarta Composite Index now rests just above the 7,165-point plateau, although the rally may stall on Friday.
RTTNews | 2h 30min ago
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Friday after opening in the red, reversing some of the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving to near the 8,400 level, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
RTTNews | 2h 45min ago
Hong Kong Shares Expected To Open To The Downside

Hong Kong Shares Expected To Open To The Downside

The Hong Kong stock market on Thursday ended the two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just beneath the 23,550-point plateau and it's tipped to open in the red again on Friday.
RTTNews | 2h 45min ago