CAC 40 Gains Amid Earnings Deluge

RTTNews | 493日前
CAC 40 Gains Amid Earnings Deluge

(RTTNews) - French stocks rose on Friday, though overall gains remained capped ahead of the release of the Federal Reserve's preferred inflation measure due later in the day.

Meanwhile, France's consumer confidence unexpectedly decreased in April, monthly survey data from the statistical office INSEE showed earlier today. The consumer sentiment index dropped to 90 in April from 91 in the previous month. Economists had expected the score to rise to 92.

The benchmark CAC 40 was up 28 points, or 0.4 percent, at 8,045 after declining 0.9 percent the previous day.

In corporate news, energy giant TotalEnergies edged up slightly after reporting a smaller-than-expected drop in first-quarter profit.

Construction materials group Saint-Gobain surged nearly 6 percent after Q1 revenue topped forecasts.

Planemaker Airbus fell 2.3 percent after posting weaker-than-expected first-quarter operating profit and cashflow.

Construction and infrastructure company Vinci rose 1.3 percent after confirming its forecasts for the year.

Aerospace-industry supplier Safran declined 1.3 percent despite posting higher Q1 revenue and reaffirming its FY24 outlook.

read more
European Economic News Preview: UK Mortgage Approvals, House Price Data Due

European Economic News Preview: UK Mortgage Approvals, House Price Data Due

Mortgage approvals, house prices and final manufacturing Purchasing Managers' survey results from the UK are the top economic news due on Monday. At 2.00 am ET, the Office for National Statistics releases UK Nationwide house price data. Economists forecast house prices to rise 0.1 percent month-on-month in August, following a 0.6 percent rise in July.
RTTNews | 43分前
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Monday, extending the losses in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,950.00 mark, with weakness in iron ore miners, energy, technology and financial stocks. Gold miners are the only bright spot.
RTTNews | 3時4分前
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Monday, following the broadly negative cues from Wall Street on Friday, dragged down by tumbling technology stocks that mirrored their peers on Nasdaq. Traders also are concerned about the renewed uncertainty about US President Donald Trump's reciprocal tariffs after a U.S. federal appeals court ruled that the majority of his sweeping tariffs were illegal.
RTTNews | 3時20分前
Thai Shares Tipped To Open Under Water On Monday

Thai Shares Tipped To Open Under Water On Monday

The Thai stock market turned lower again on Friday, one day after snapping 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 1,235-point plateau and it's likely to open under pressure again on Monday.
RTTNews | 4時31分前
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Monday, extending the losses in the previous session, following the broadly negative cues from Wall Street on Friday, with the Nikkei 225 falling below the 42,300 level, with weakness across most sectors led by tumbling technology stocks. Automakers were the only bright spot.
RTTNews | 4時47分前