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CAC 40 Drifts Lower After Italian Windfall Tax On Banks
(RTTNews) - French stocks were moving lower on Tuesday after data showed China's exports and imports both fell more than expected in July, threatening recovery prospects and adding to pressure on policymakers to unveil additional stimulus.
Investors also awaited key inflation readings from the world's largest economies due this week for more clues on the growth and rate outlook.
The benchmark CAC 40 was down 26 points, or 0.4 percent, at 7,293 after ending flat with a positive bias in the previous session.
Banks BNP Paribas, Credit Agricole and Societe Generale fell 2-3 percent after Italy approved 40 percent windfall tax on banks' extra profits, to be applied in 2023.
Automaker Renault fell more than 1 percent on China growth concerns.
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Japanese Market Significantly Lower
The Japanese stock market is trading significantly lower on Monday, extending the sharp losses in the previous session, following the mixed cues from Wall Street on Friday, with the Nikkei 225 falling below the 37,550 level, with weakness across all sectors led by index heavyweights and technology stocks.
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Před 50 minutami
Losses May Accelerate For Indonesia Stock Market
Ahead of the long holiday weekend for the Ascension, the Indonesia stock market had moved lower in two of three trading days since the end of the three-day winning streak in which it had climbed more than 120 points or 1.7 percent. The Jakarta Composite Index now rests just above the 7,175-point plateau and it's likely to open to the downside again on Monday.
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Před 53 minutami
Australian Market Slightly Lower
The Australian stock market is slightly lower on Monday, extending the losses in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,400.00 level, with weakness across most sectors led by in iron ore miners and technology stocks. Gold miners are the only bright spot.
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Před 1 h 7 min
Hong Kong Bourse May Extend Friday's Losses
The Hong Kong stock market has alternated between positive and negative finishes through the last seven trading days since the end of the two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just beneath the 23,290-point plateau and it's tipped to open lower again on Monday.
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Před 1 h 23 min
Japan Manufacturing PMI Shows Slight Improvement - Jibun
The manufacturing sector in Japan continued to contract in May, albeit at a slower pace, the latest survey from Jibun Bank revealed on Monday with a manufacturing PMI score of 49.4.
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Před 1 h 43 min
South Korea Manufacturing PMI Climbs To 47.7 - S&P Global
The manufacturing sector in South Korea continued to contract in May, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 47.7.
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Před 1 h 45 min
Taiwan Manufacturing PMI Ticks Higher In May - S&P Global
The manufacturing sector in Taiwan continued to contract in May, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 48.6.
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Před 1 h 46 min
Indonesia Manufacturing PMI Improves In May - S&P Global
The manufacturing sector in Indonesia continued to contract in May, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 47.4.
RTTNews
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Před 1 h 48 min
