CAC 40 Gains On Fed, China Optimism

RTTNews | 721 hari yang lalu
CAC 40 Gains On Fed, China Optimism

(RTTNews) - French stocks were notably higher on Monday amid hopes that U.S. rate hikes are nearing an end.

The benchmark CAC 40 was up 57 points, or 0.8 percent, at 7,287 after edging up 0.2 percent on Friday.

Valneva SE, a specialty vaccine company, jumped 2.6 percent after reporting positive initial Phase 3 safety data in adolescents for its single-dose chikungunya virus vaccine candidate VLA1553.

Banks BNP Paribas, Societe Generale and Credit Agricole rose between 0.6 percent and 1.7 percent after Latvian policymaker Martins Kazaks said on Saturday it may be too early for the European Central Bank to pause interest rate hikes now.

China-exposed automaker Renault added 1.6 percent after China announced new measures to stabilize its ailing stock market.

Luxury heavyweights LVMH, Kering and Hermes International all rose about 1 percent on China demand optimism.

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Australian Market Trims Early Losses In Mid-market

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.
RTTNews | 1j 10min yang lalu
Asian Markets Trade Mostly Higher

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.
RTTNews | 1j 20min yang lalu
Japanese Market Modestly Lower

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.
RTTNews | 2j 16min yang lalu
Thai Shares May Take Further Damage On Tuesday

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.
RTTNews | 2j 35min yang lalu
Little Movement Seen For Indonesia Stock Market

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.
RTTNews | 3j 5min yang lalu
Soft Start Expected For Hong Kong Stock Market

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.
RTTNews | 3j 20min yang lalu
Australian Market Significantly Lower

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.
RTTNews | 3j 24min yang lalu