CAC 40 Struggles For Direction Ahead Of Key Inflation Data

RTTNews | 547 일 전
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.

read more
Europe Car Sales Rebound In July

Europe Car Sales Rebound In July

Europe's new car sales rebounded in July on strong demand for battery electric and plug-in hybrid cars, the European Automobile Manufacturers' Association reported Thursday. Car registrations in the European Union advanced 7.4 percent year-on-year in July, offsetting June's 7.3 percent decrease. Data showed an annual rise of 39.1 percent for battery-electric and 14.3 percent for hybrid-electric
RTTNews | 1 시간 11 분 전
European Shares Seen Higher At Open

European Shares Seen Higher At Open

European stocks are seen opening broadly higher on Thursday even as Nvidia's disappointing sales forecast raised concerns about the AI spending boom.
RTTNews | 3 시간 2 분 전
Sensex Nifty Decline On Tariff Worries

Sensex Nifty Decline On Tariff Worries

Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.
RTTNews | 3 시간 55 분 전
European Economic News Preview: Eurozone Economic Sentiment Data Due

European Economic News Preview: Eurozone Economic Sentiment Data Due

Economic confidence and monetary aggregates from the euro area and flash GDP from Switzerland are the top economic news due on Thursday. At 3.00 am ET, the State Secretariat for Economic Affairs is slated to release Swiss GDP data for the second quarter. The economy is expected to grow 0.1 percent sequentially after rising 0.5 percent in the first quarter.
RTTNews | 3 시간 56 분 전
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | 5 시간 22 분 전
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.
RTTNews | 5 시간 37 분 전