CAC 40 Moderately Lower As Market Awaits ECB Policy Announcement

RTTNews | 56 hari yang lalu
Stocktwits
CAC 40 Moderately Lower As Market Awaits ECB Policy Announcement

(RTTNews) - French stocks are exhibiting weakness on Thursday as investors largely refrain from making significant moves ahead of the European Central Bank's monetary policy announcement.

Uncertainty surrounding U.S. trade policy and a long weekend ahead also contribute to the cautious mood in the market.

The benchmark CAC 40, moving in a narrow range, was down 38.47 points or 0.52% at 7,291.50 a few minutes ago.

Saint Gobain is declining 2.7%. Airbus, Bureau Veritas, Teleperformance, Vinci, Eurofins Scientific, Accor, Safran, Thales and Carrefour are down 1 to 1.7%.

Legrand, BNP Paribas, ArcelorMittal, Dassault Systemes, Sanofi and Bouygues are also notably lower.

L'Oreal is gaining about 0.7%. Edenred, LVMH, Schneider Electric and Unibail Rodamco are modestly higher.

Hermes International is down 0.8%. The luxury fashion house reported a rise in revenue for the first quarter, helped by growth in all the geographical areas. For the three-month period, the company posted revenue of 4.129 billion euros, higher than 3.805 billion euros registered for the same period last year.

Pernod Ricard is down marginally. The company reported a decline in sales for the third quarter and a nine-month period. For the third quarter, the Group sales declined by 3% to 2.278 billion euros. For the nine-month period, sales stood at 8.454 billion euros, down 5% from last year. This includes an unfavorable foreign exchange impact of negative 145 million euros.

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Australian Market Doubles Early Losses In Mid-market

Australian Market Doubles Early Losses In Mid-market

The Australian stock market is doubling its early loses in mid-market moves on Friday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,550 level, with weakness is technology stocks partially offset by gains in gold miners and energy stocks.
RTTNews | 1j 34min yang lalu
Asian Markets A Sea Of Red

Asian Markets A Sea Of Red

Asian stock markets are a sea of red on Friday, despite the broadly positive cues from Wall Street overnight, amid heightening geopolitical tensions in the Middle East region after Israel launched a preemptive strike against Iran in a major escalation of the regional conflict. US officials confirmed that the U.S. had no involvement or role in the operation. Asian markets ended mixed on Thursday.
RTTNews | 1j 52min yang lalu
Thai Stock Market May Erase Thursday's Losses

Thai Stock Market May Erase Thursday's Losses

The Thai stock market on Thursday ended the two-day winning streak in which it had risen more than 6 points or 0.6 percent. The Stock Exchange of Thailand now rests just beneath the 1,130-point plateau and it's expected to open higher on Friday.
RTTNews | 2j 59min yang lalu
Indonesia Shares May Move Higher On Friday

Indonesia Shares May Move Higher On Friday

The Indonesia stock market has moved lower in back-to-back sessions, slipping more than 25 points or 0.4 percent in that span. The Jakarta Composite Index now rests just above the 7,200-point plateau although it may find support on Friday.
RTTNews | 3j 29min yang lalu
Japanese Market Sharply Lower

Japanese Market Sharply Lower

Extending the losses in the previous session, the Japanese market is sharply lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 37,600 level, with weakness across most sectors led by index heavyweights, exporters and technology stocks.
RTTNews | 3j 30min yang lalu
Little Movement Seen For Hong Kong Stock Market

Little Movement Seen For Hong Kong Stock Market

The Hong Kong stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day winning streak in which it had rallied almost 750 points or 3.5 percent. The Hang Seng Index now sits just above the 24,030-point plateau and it's likely to remain rangebound on Friday.
RTTNews | 3j 44min yang lalu
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