CAC 40 Slides On Growth Jitters

RTTNews | 686日前
CAC 40 Slides On Growth Jitters

(RTTNews) - French stocks were moving lower on Wednesday after data showed activity in China's services sector grew at the slowest pace in five months in June in a new sign of a weakening economy.

Closer home, a survey revealed that activity in France's dominant services sector fell in June for the first time since January.

The benchmark CAC 40 was down 34 points, or half a percent, at 7,336 after closing 0.2 percent lower the previous day.

China-exposed luxury firm LVMH fell about 1 percent, Hermes International dropped half a percent and Kering tumbled more than 2 percent on China growth jitters. Engineering & Technology company Technip Energies NV rose 0.6 percent on news that it has received a project management consultancy contract from Saudi Aramco to develop the master plan for Ras Al Khair, a new industrial city in the Eastern Province of Saudi Arabia.

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Japan Core Machinery Order Data Due On Thursday

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Swiss Markets Ends Modestly Lower

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RTTNews | 5時20分前
European Stocks Close On Mixed Note Amid Geopolitical, Trade Uncertainty

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Bay Street Seen Opening On Mixed Note

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RTTNews | 10時38分前
UK Inflation Strongest Since Early 2024 On Household Bills, Employer Tax

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RTTNews | 11時28分前
FTSE 100 Down Marginally As Investors Focus On Inflation Data, Earnings

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U.K. stocks are marginally down on Wednesday amid concerns over an impasse in Russia-Ukraine peace talks, a lack of progress in trade negotiations, and data showing an acceleration in British consumer price inflation in the month of April. Investors are also reacting to some corporate earnings announcements.
RTTNews | 11時36分前