CAC 40 Struggles For Direction As Service Sector Contracts Again

RTTNews | 571 hari yang lalu
CAC 40 Struggles For Direction As Service Sector Contracts Again

(RTTNews) - French stocks struggled for direction in early trade on Monday after Federal Reserve Chair Jerome Powell reiterated the central bank's stance to move carefully on rate cuts and a survey showed activity in France's services sector contracted for the eighth straight month in January.

The benchmark CAC 40 was marginally lower at 7,587 after finishing marginally higher on Friday.

Societe Generale rose slightly. The lender announced that the implementation of organizational changes would result in approximately 900 job cuts at its head office without forced departures.

Supermarket group Casino added 1.5 percent after confirming that it has received expressions of interest for its hypermarket and supermarket stores.

Automaker Renault jumped more than 3 percent on speculation over a potential combination with rival Stellantis.

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Australian Market Swings To Modest Gains In Mid-market

Australian Market Swings To Modest Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.
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Asian Markets Mixed Amid Caution Trades

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RTTNews | 2j 40min yang lalu
Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.
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Japanese Market Notably Lower

Japanese Market Notably Lower

Giving up some of the gains in the previous two sessions, the Japanese market is notably lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 42,700 level, with weakness across most sectors led by exporters and technology stocks.
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Additional Support Predicted For Indonesia Shares

Additional Support Predicted For Indonesia Shares

The Indonesia stock market has moved higher in two consecutive trading days, gathering almost 50 points or 0.6 percent in that span. The Jakarta Composite Index now sits just above the 7,950-point plateau and it may add to its winnings on Friday.
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Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday, giving up some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
RTTNews | 4j 24min yang lalu