CAC 40 Struggles For Direction Ahead Of Key Inflation Data

RTTNews | 624 days ago
CAC 40 Struggles For Direction Ahead Of Key Inflation Data

(RTTNews) - French stocks were little changed on Wednesday as investors awaited the release of key U.S. and Eurozone inflation readings along with Chinese PMI data due this week for directional cues.

The benchmark CAC 40 was marginally higher at 7,949 after edging up 0.2 percent the previous day.

Media conglomerate Lagardere tumbled 3.6 percent after saying it had received an offer from luxury goods group LVMH to buy Paris Match magazine. LVMH shares were marginally lower.

Retailer Casino Group slumped more than 8 percent after losses deepened in 2023.

Worldline plummeted 10 percent as the payment firm reported a full-year loss on a 1.15-billion-euro "goodwill impairment" linked to its merchant services activities.

Nicox lost 3 percent. The ophthalmology company said it has appointed the highly experienced biotech executive Gavin Spencer as its Chief Executive Officer.

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Australian Market Maintains Early Sharp Losses In Mid-market

Australian Market Maintains Early Sharp Losses In Mid-market

The Australian stock market is maintaining its early sharp losses in mid-market moves on Friday, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,650 level, with weakness across all sectors led by mining and technology stocks.
RTTNews | 1h 40min ago
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from Wall Street overnight, reflecting uncertainty whether key U.S. economic reports will be released following the end of the longest government shutdown in U.S. history, which could alter the US Fed's decision on interest rates. Asian markets ended mostly higher on Thursday.
RTTNews | 2h 1min ago
Thai Stock Market May Turn Lower Again On Friday

Thai Stock Market May Turn Lower Again On Friday

The Thai stock market on Thursday snapped the two-day slide in which it had given up more than 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,285-point plateau although it may hand back those gains on Friday.
RTTNews | 2h 59min ago
Soft Start Expected For Indonesia Stock Market

Soft Start Expected For Indonesia Stock Market

The Indonesia stock market turned lower again on Thursday, one day after ending the two-day slide in which it had fallen almost 30 points or 0.4 percent. The Jakarta Composite Index now sits just above the 8,370-point plateau and the losses may accelerate on Friday.
RTTNews | 3h 29min ago
Hong Kong Shares Tipped To Open In The Red On Friday

Hong Kong Shares Tipped To Open In The Red On Friday

The Hong Kong stock market has moved higher in four straight sessions, advancing almost 825 points or 3.5 percent along the way. The Hang Seng Index now rests just above the 27,070-point plateau although profit taking is expected on Friday.
RTTNews | 3h 44min ago
Japanese Market Sharply Lower

Japanese Market Sharply Lower

Reversing the gains in the previous two sessions, the Japanese market is sharply lower on Friday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 50,500 level, with weakness across most sectors led by index heavyweights and technology stocks.
RTTNews | 3h 45min ago