CAC 40 Moderately Lower As Market Awaits ECB Policy Announcement

RTTNews | 55 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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Rally May Stall For Thai Stock Market

Rally May Stall For Thai Stock Market

The Thai stock market has moved higher in back-to-back sessions, collecting more than 6 points or 0.6 percent along the way. The Stock Exchange of Thailand now rests just above the 1,140-point plateau although it may be stuck in neutral on Thursday.
RTTNews | 36 minit yang lalu
Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese market is trading notably lower on Thursday, snapping a four-session winning streak, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 38,200 level, with weakness across most sectors led by automakers, exporters and technology stocks. Financial stocks are the only bright spot.
RTTNews | 58 minit yang lalu
Indonesia Bourse May Extend Wednesday's Losses

Indonesia Bourse May Extend Wednesday's Losses

The Indonesia stock market on Wednesday ended the three-day winning streak in which it had gained almost 190 points or 2.7 percent. The Jakarta Composite Index now rests just above the 7,220-point plateau and the losses may accelerate on Thursday.
RTTNews | 1j 6min yang lalu
Australian Market Slightly Higher

Australian Market Slightly Higher

The Australian market is trading slightly higher on Thursday, extending the gains in the previous two sessions, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving a tad above the 8,600 level, with gains in gold miners and eergy partially offset by weakness in iron ore miners.
RTTNews | 1j 19min yang lalu
Hong Kong Bourse May Hand Back Wednesday's Gains

Hong Kong Bourse May Hand Back Wednesday's Gains

The Hong Kong stock market has alternated between positive and negative finishes through the last four 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 24,360-point plateau and it's likely to remain rangebound on Thursday.
RTTNews | 1j 21min yang lalu
Lower Open Anticipated For Taiwan Stock Market

Lower Open Anticipated For Taiwan Stock Market

The Taiwan stock market has moved higher in three straight sessions, accelerating more than 810 points or 3.6 percent along the way. The Taiwan Stock Exchange now sits just above the 22,470-point plateau although it's expected to open under water on Thursday.
RTTNews | 2j 6min yang lalu
Continued Consolidation Called For Singapore Shares

Continued Consolidation Called For Singapore Shares

The Singapore stock market has moved lower in two straight sessions, sinking more than 15 points or 0.4 percent along the way. The Straits Times Index now sits just beneath the 3,920-point plateau and it may take further damage on Thursday.
RTTNews | 2j 36min yang lalu
Renewed Selling Pressure Expected For Malaysia Shares

Renewed Selling Pressure Expected For Malaysia Shares

The Malaysia stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had gained almost 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,525-point plateau and it's likely to head south again on Thursday.
RTTNews | 3j 6min yang lalu
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