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CAC 40 Inches Higher As Inflation Matches Estimates
(RTTNews) - French stocks were moving higher on Thursday after data showed inflation rose in line with expectations in December.
Preliminary figures from INSEE showed EU-harmonized yearly inflation stood at 4.1 percent, up from 3.9 percent in November due to increase in energy and services prices. Meanwhile, the HCOB France final purchasing managers index (PMI) for the services sector, compiled by S&P Global, rose to 45.70 points in December from 45.40 points in November.
The contraction in euro zone business activity continued at the end of 2023, indicating the bloc's economy was in recession.
The benchmark CAC 40 was up 26 points, or 0.4 percent, at 7,438 after losing 1.6 percent the previous day.
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Sensex, Nifty Set To Open Lower On Trade Concerns
Indian shares look set to open on a sluggish note Friday as U.S. President has ruled out any possibility of trade negotiations with India and Prime Minister Narendra Modi said India would not compromise on the interests of its farmers, fishermen or livestock rearers, even if it meant paying "a heavy personal price."
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vor 20 Minuten
Thai Stock Market May Spin Its Wheels On Friday
The Thai stock market has moved higher in four straight sessions, gathering almost 50 points or 4.1 percent along the way. The Stock Exchange of Thailand now sits just above the 1,265-point plateau although it may be stuck in neutral on Friday.
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vor 53 Minuten
Continued Consolidation Called For Indonesia Stock Market
The Indonesia stock market has finished lower in back-to-back sessions, slipping more than 25 points or 0.3 percent in that span. The Jakarta Composite Index now sits just above the 7,490-point plateau and it may take further damage on Friday.
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vor 1Std 23 Minuten
Japanese Market Sharply Higher; Up 2%
Extending the gains in the previous three sessions, the Japanese market is sharply higher on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is jumping almost 2 percent to above the 41,850 level, with gains across all sectors led by index heavyweights, exporters and technology stocks.
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vor 1Std 27 Minuten
Consolidation Likely For Hong Kong Shares
The Hong Kong stock market has moved higher in four straight sessions, advancing more than 570 points or 2.4 percent along the way. The Hang Seng Index now rests just above the 25,080-point plateau although it may see some profit taking on Friday.
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vor 1Std 38 Minuten
Australian Market Notably Lower
The Australian stock market is trading notably lower on Friday, extending the slight losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,800 level, with weakness in energy, financial and technology stocks partially offset by gains in mining stocks.
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vor 1Std 48 Minuten
Rally May Stall For China Stock Market
The China stock market has tracked higher in four straight sessions, gathering almost 80 points or 2.4 percent along the way. The Shanghai Composite Index now sits just beneath the 3,640-point plateau although it may run out of steam on Friday.
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vor 1Std 53 Minuten
Taiwan Stock Market May Hand Back Thursday's Gains
The Taiwan stock market has moved higher in two of three trading days since the end of the two-day losing streak in which it had slipped more than 270 points or 1.2 percent. The Taiwan Stock Exchange now sits just above the 24,000-point plateau although it's likely to turn lower again on Friday.
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vor 2Std 23 Minuten
