CAC 40 Declines On US Rate Hike Worries

RTTNews | 725日前
CAC 40 Declines On US Rate Hike Worries

(RTTNews) - French stocks fell in cautious trade on Thursday ahead of policy announcements from a slew of central banks later in the day.

Meanwhile, French manufacturers' confidence improved in September after weakening in the previous month, underpinned by a positive development in short-term personal production expectations, monthly data from the statistical office INSEE revealed.

The manufacturing sentiment index rose to 99.0 in September from 97.0 in August.

The overall business confidence index, which comprises the responses of business leaders from sectors such as manufacturing, construction, services, retail trade, and wholesale trade, stayed stable for the fourth straight month at 100.0 in September.

The benchmark CAC 40 was down 68 points, or 0.9 percent, at 7,262 after rising 0.7 percent in the previous session.

The dollar hit a 6-1/2 month high and Eurozone bond yields reached multi-month highs after the U.S. Federal Reserve signaled policy would remain restrictive for longer to curb stubborn inflation.

In corporate news, retailer Casino Group tumbled 3.6 percent after presenting its updated 2024-2028 business plan.

Vaccine maker Valneva fell more than 2 percent after posting a half-year loss.

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Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is slightly higher in post-holiday trading on Tuesday after opening well in the green, and briefly slipping in to the red, recouping the losses in the previous session, following the positive cues from Wall Street overnight. The Nikkei 225 is moving above the 44,800 level, with gains in automakers and technology stocks partially offset by weakness in financial stocks.
RTTNews | 20分前
Indonesia Bourse May Challenge 8,000-Point Level

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Hong Kong Stock Market May See Additional Support

Hong Kong Stock Market May See Additional Support

The Hong Kong stock market has moved higher in consecutive trading days, advancing more than 360 points or 1.4 percent in that span. The Hang Seng Index now sits just beneath the 26,450-point plateau and it's expected to open in the green again on Tuesday.
RTTNews | 39分前
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Tuesday, recouping the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,850 level, with gains across most sectors led by mining and technology shares.
RTTNews | 48分前
China Shares Due For Support On Tuesday.

China Shares Due For Support On Tuesday.

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RTTNews | 54分前
Taiwan Shares May Reverse Monday's Losses

Taiwan Shares May Reverse Monday's Losses

The Taiwan stock market on Monday wrote a finish to the eight-day winning streak in which it had surged more than 1,450 points or 5.8 percent. The Taiwan Stock Exchange now sits just above the 25,350-point plateau although it's expected to rebound on Tuesday.
RTTNews | 1時24分前
Singapore Bourse May Halt Losing Streak

Singapore Bourse May Halt Losing Streak

The Singapore stock market has moved lower in back-to-back sessions, slumping more than 15 points or 0.4 percent along the way. The Straits Times Index now sits just beneath the 4,340-point plateau although it may stop the bleeding on Tuesday.
RTTNews | 1時54分前
Win Streak May Continue For Japan Stock Market

Win Streak May Continue For Japan Stock Market

Ahead on Monday's holiday for Respect For The Aged Day, the Japanese stock market had moved higher in three straight sessions, rallying more than 1,300 points or 2.9 percent in that span. The Nikkei 225 now sits just beneath the 44,770-point plateau and it may add to its winnings again on Tuesday.
RTTNews | 2時24分前