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CAC 40 Inches Higher Ahead Of Key Inflation Data
(RTTNews) - French stocks eked out modest gains in cautious trade on Thursday ahead of inflation figures from the euro zone and the U.S., due later in the day.
Underlying sentiment remained supported somewhat on growing expectations that the U.S. Federal Reserve is nearing the end of its tightening cycle.
The benchmark CAC 40 was up 11 points, or 0.2 percent, at 7,375 after closing 0.1 percent lower in the previous session.
In corporate news, drug manufacturer Sanofi edged up slightly after shuffling its executive committee.
Pernod Ricard lost nearly 4 percent. The spirits giant warned that sales would decline in the key Chinese and U.S. markets in the first quarter through September.
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Australian Market Trims Early Losses In Mid-market
The Australian stock market is trimming its early losses in mid-market trading on Tuesday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,900 level, with weakness in mining and energy stocks partially offset by gains in financial stocks.
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1h 15min ago
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Tuesday, following the mixed cues from Wall Street overnight, amid optimism of a truce in the conflict between Russia and Ukraine with US President Donald Trump planning a summit meeting between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy very soon. Asian markets closed mostly higher on Monday.
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1h 25min ago
Sensex, Nifty Likely To Open On Muted Note
Indian shares look set to open on a flat note on Tuesday, tracking muted cues from global markets.
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2h 11min ago
Japanese Market Modestly Lower
The Japanese stock market is trading modestly lower on Tuesday after opening in the green, reversing some of the gains in the previous two sessions, following the mixed cues from Wall Street overnight, with the Nikkei 225 falling below the 43,500 level, with weakness in index heavyweights and financial stocks partially offset by gains in automakers and exporters.
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2h 21min ago
Thai Shares May Take Further Damage On Tuesday
The Thai stock market has finished lower in three straight sessions, slipping more than 35 points or 3 percent along the way. The Stock Exchange of Thailand now sits just above the 1,240-point plateau and it may extend its losses on Tuesday.
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2h 40min ago
Little Movement Seen For Indonesia Stock Market
Ahead of Monday's holiday for Independence Day, the Indonesia stock market had snapped the five-day winning streak in which it had surged more than 440 points or 5.8 percent. The Jakarta Composite Index now sits just beneath the 7,900-point plateau and it's likely to remain stuck in neutral again on Tuesday.
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3h 10min ago
Soft Start Expected For Hong Kong Stock Market
The Hong Kong stock market has moved lower in three straight sessions, slumping more than 430 points or 1.5 percent along the way. The Hang Seng Index now rests just above the 25,175-point plateau and it may continue to sputter on Tuesday.
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3h 25min ago
Australian Market Significantly Lower
The Australian stock market is trading significantly lower on Tuesday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,900 level, with weakness in gold miners and energy stocks partially offset by gains in iron ore miners and financial stocks.
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3h 29min ago
