CAC 40 Sees Modest Gains Amid Efforts To Stem China Rout

RTTNews | 570日前
CAC 40 Sees Modest Gains Amid Efforts To Stem China Rout

(RTTNews) - French stocks traded slightly higher on Tuesday despite heightened tensions in the Middle East and lingering uncertainty over the Federal Reserve's ratee trajectory.

U.S. Treasury yields dipped from recent highs, helping underpin investor sentiment to some extent.

Investors also cheered efforts by Chinese policymakers and regulators to stem an equity rout.

China's Shanghai Composite index rallied 3.2 percent today and Hong Kong's Hang Seng index surged over 4 percent after a Chinese state investment fund said it would expand shareholdings in local stocks to aid sagging markets.

Closer home, the benchmark CAC 40 was up 29 points, or 0.4 percent, at 7,619 after finishing marginally lower the previous day.

Automaker Renault fell about 1 percent after Stellantis Chairman John Elkann denied the carmaker had merger plans.

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European Shares Seen Mostly Lower Before US Inflation Data

European Shares Seen Mostly Lower Before US Inflation Data

European stocks may open broadly lower on Friday as the prospect of a peace agreement between Russia and Ukraine waned and focus shifted to a key U.S. inflation reading due later in the day that could provide additional clues on the Federal Reserve's rate outlook.
RTTNews | 48分前
Australian Market Swings To Modest Gains In Mid-market

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RTTNews | 2時52分前
Asian Markets Mixed Amid Caution Trades

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RTTNews | 3時21分前
Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

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RTTNews | 4時27分前
Japanese Market Notably Lower

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RTTNews | 4時45分前
Additional Support Predicted For Indonesia Shares

Additional Support Predicted For Indonesia Shares

The Indonesia stock market has moved higher in two consecutive trading days, gathering almost 50 points or 0.6 percent in that span. The Jakarta Composite Index now sits just above the 7,950-point plateau and it may add to its winnings on Friday.
RTTNews | 4時57分前