CAC 40 Dips On Growth Concerns

RTTNews | 1034 days ago
CAC 40 Dips On Growth Concerns

(RTTNews) - French stocks were moving lower on Thursday, with a lack of information on China's COVID outbreak and fears of a global recession weighing on sentiment.

Experts have expressed deep concerns that China may not be sharing data on any signs of evolving strains that could spark fresh outbreaks in countries around the world.

After Beijing announced plans to reopen its borders, Italy, Japan, Taiwan, India and the United States have announced mandatory tests on visitors from China.

Investors also fretted about the impact of the Fed's monetary tightening on global growth heading into 2023.

The benchmark CAC 40 was down 15 points, or 0.2 percent, at 6,492 after losing 0.6 percent the previous day.

China-exposed luxury firms such as LVMH and Kering were moving lower as uncertainties mount over China.

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Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, reversing the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 9,050 level, with weakness across most sectors led by gold miners and technology stocks. Financial stocks are the only bright spot.
RTTNews | 54 minutes ago
Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are mixed on Tuesday, following the positive cues from Wall Street overnight, as traders remain cautious and are reluctant to take major positions ahead of the monetary policy announcements from the European Central Bank, the US Fed and the Bank of Japan this week. Optimism about a potential U.S.-China trade deal and an interest rate cut by the Fed are aiding market sentiment.
RTTNews | 1h 25min ago
Sensex, Nifty To See Muted Start

Sensex, Nifty To See Muted Start

Indian shares look set to open on a muted note Tuesday, tracking mostly weak cues from other Asian markets.
RTTNews | 1h 46min ago
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Tuesday, reversing some of the strong gains in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 50,400 level, with a mixed performance across most sectors.
RTTNews | 2h 54min ago
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, reversing to the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 9,050 level, with weakness across most sectors led by gold miners and technology stocks. Financial stocks are the only bright spot.
RTTNews | 3h 25min ago
Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

The Switzerland market closed on a weak note on Monday, after languishing in negative territory right through the day's trading session as investors remained hesitant to pick up stocks, choosing to wait for some crucial economic data, and the monetary policy announcements from several central banks.
RTTNews | 9h 57min ago
European Stocks Close Mostly Higher On Easing Trade Tensions

European Stocks Close Mostly Higher On Easing Trade Tensions

European stocks closed on a positive note on Monday with investors focusing on the upcoming monetary policy announcements from several central banks, including the European Central Bank, the Federal Reserve and the Bank of Japan, and following the developments on U.S.-China trade front.
RTTNews | 10h 13min ago