CAC 40 Moderately Lower In Cautious Trade

RTTNews | 240 दिनों पहले
CAC 40 Moderately Lower In Cautious Trade

(RTTNews) - French stocks are exhibiting weakness on Friday amid concerns about the outlook for global economic growth due to the impact of Trump's tariffs. The U.S. President's reciprocal tariffs are set to take effect on April 2.

The benchmark CAC 40 is down 51.75 points or 0.64% at 8,042.45

STMicroElectronics is down nearly 3%. Eurofins Scientific is down 2.3% on profit taking after recent gains. Teleperformance, Accor, Kering and Renault are down 1.6 to 2.1%.

Schneider Electric, Capgemini, Thales, L'Oreal, Stellantis, Publicis Groupe, Bouygues,, Saint Gobain and LVMH are down 0.8 to 1.4%.

Carrefour is gaining about 0.75%. Societe Generale, Danone, BNP Paribas and Air Liquide are up with modest gains.

In economic news, a report from statistical office INSEE showed France's manufacturing climate indicator edged down to 96 in March from 97 in February. Meanwhile, the economic uncertainty gauge fell to 25 from 29 in February.

Meanwhile, France's business climate indicator edged up to 97 in March from 96 in February, inching higher toward its long-term average of 100. The employment climate indicator rose to 96, staying below its long-term average for the tenth consecutive month.

read more
Nikkei May Spin Its Wheels Again On Monday

Nikkei May Spin Its Wheels Again On Monday

The Japan stock market on Friday ended the two-day winning streak in which it had advanced more than 430 points or 0.8 percent. The Nikkei 225 now rests just above the 50,375-point plateau and it may remain stuck in neutral on Monday.
RTTNews | 1घंटे 6 मिनट पहले
Tech Shares May Lift South Korea Stock Market

Tech Shares May Lift South Korea Stock Market

The South Korea stock market on Friday halted the four-day winning streak in which it had surged almost 220 points or 5.5 percent. The KOSPI sits just above the 4,010-point plateau and it may see a technical rebound on Monday.
RTTNews | 1घंटे 21 मिनट पहले
Japan GDP Data Due On Monday

Japan GDP Data Due On Monday

Japan will on Monday release preliminary Q3 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity. In the three months prior, GDP was up 0.5 percent on quarter and 2.2 percent on year.
RTTNews | 1घंटे 51 मिनट पहले
Swiss Market Ends On Weak Note

Swiss Market Ends On Weak Note

Save for a brief while around mid morning when it edged slightly above the flat line, Switzerland's benchmark index SMI remained in negative territory on Friday amid concerns about high tech valuation and fading hopes of an interest rate cut by the Federal Reserve next month.
RTTNews | 2 दिनों पहले
Bay Street Likely To Open On Weak Note

Bay Street Likely To Open On Weak Note

Lower Canadian and U.S. futures and weak metal prices point to a negative open for stocks on Bay Street Friday morning. Energy stocks may find some support thanks to higher crude oil prices and help limit the downside.
RTTNews | 2 दिनों पहले