CAC 40 Inches Higher In Lackluster Trade

RTTNews | 1141日前
CAC 40 Inches Higher In Lackluster Trade

(RTTNews) - French stocks rose slightly on Monday despite inflation worries and global growth concerns.

ECB President Christine Lagarde is scheduled to address the European Parliament in Brussels later today, with investors awaiting more clues on the new crisis tool that would help prevent a disorderly blowout in borrowing costs in weaker eurozone countries.

Investors also await a congressional appearance by U.S. Federal Reserve Chair Jay Powell this week that could highlight the U.S. central bank's resolve to guide inflation back to the Fed's 2 percent target.

The benchmark CAC 40 edged up 20 points, or 0.3 percent, to 5,902 after finishing marginally lower on Friday.

Airplane maker Airbus SE advanced 1.3 percent on news it is in discussions with Qatar Airways to try to resolve a bitter legal and safety dispute over the A350 passenger jet.

Valneva shares jumped 18 percent after U.S. healthcare giant Pfizer agreed to invest 90.5 million euros ($95.24 million) to buy an 8.1 percent stake in the French specialty vaccines company.

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Additional Support Anticipated For Thai Stock Market

Additional Support Anticipated For Thai Stock Market

The Thai stock market on Monday ended the two-day slide in which it had fallen more than 25 points or 2 percent. The Stock Exchange of Thailand now sits just above the 1,230-point plateau and it's expected to open to the upside again on Tuesday.
RTTNews | 33分前
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese stock market is trading modestly higher on Tuesday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight, with the Nikkei 225 moving well above the 40,400 level, with small gains across most sectors led by exporters, automakers and financial stocks.
RTTNews | 57分前
Rebound Called For Indonesia Stock Market

Rebound Called For Indonesia Stock Market

The Indonesia stock market headed south again on Monday, one session after snapping the two-day slide in which it had dropped almost 140 points or 1.9 percent. The Jakarta Composite Index now sits just shy of the 7,465-point plateau although it's likely to see renewed support on Tuesday.
RTTNews | 1時3分前
Australian Market Significantly Higher

Australian Market Significantly Higher

The Australian stock market is trading significantly higher on Tuesday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,700 level, with gains across all sectors led by mining and technology stocks.
RTTNews | 1時17分前
Hang Seng May Crack Resistance At 25,000 On Tuesday

Hang Seng May Crack Resistance At 25,000 On Tuesday

The Hong Kong stock market on Monday wrote a finish to the four-day losing streak in which it had stumbled more than 1,050 points or 4 percent. The Hang Seng Index now rests just above the 24,730-point plateau and it's expected to open higher again on Tuesday.
RTTNews | 1時18分前
China Shares Tipped To Open In The Green On Tuesday

China Shares Tipped To Open In The Green On Tuesday

The China stock market on Monday ended the two-day losing streak in which it had dropped more than 55 points or 1.7 percent. The Shanghai Composite Index now sits just shy of the 3,580-point plateau and it's expected to see additional support on Tuesday.
RTTNews | 1時33分前