CAC 40 Rises More Than 1% As Stocks Recover From Recent Weakness

RTTNews | Pred 307 dňami
CAC 40 Rises More Than 1% As Stocks Recover From Recent Weakness

(RTTNews) - French stocks are up firmly in positive territory a little past noon on Tuesday as buying continues at several counters from across various sectors.

The market eyes France's new prime minister, François Bayrou's speech at parliament.

The benchmark CAC 40 was up 80.68 points or 1.09% at 4,489.32.

Michelin, Societe Generale, Safran, Renault, Credit Agricole, BNP Paribas, Teleperformance, LVMH and Veolia are gaining 2 to 3.4%.

Stellantis, Orange, Pernod Ricard, Carrefour, Essilor, Vinci, Accor, Bouygues, Hermes International and Airbus Group are up 1 to 1.5%.

Unibail Rodamco is declining by nearly 3%. STMicroElectronics, Edenred and Kering are modestly lower.

According to the data released by the government, France's government budget deficit narrowed to EUR 172.49 billion in the January-November period of 2024, down from EUR 197.97 billion in the corresponding period of the previous year.

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Thailand GDP Growth Slows More Than Forecast

Thailand GDP Growth Slows More Than Forecast

Thailand's economic growth eased more than expected in the third quarter due to the fall in manufacturing output and softened tourism-related services, official data showed Monday. Gross domestic product grew 1.2 percent year-on-year in the third quarter, the National Economic and Social Development Council, or NESDC, said Monday. The annual growth was forecast to soften to 1.6 percent from 2.8
RTTNews | Pred 2 h 6 min
European Shares Likely To Open On Subdued Note

European Shares Likely To Open On Subdued Note

European stocks are seen opening mostly lower on Monday as investors await more economic data in the coming days for fresh insights into the U.S. economic and rate outlook.
RTTNews | Pred 3 h 16 min
Indian Shares Edge Higher In Cautious Trade

Indian Shares Edge Higher In Cautious Trade

Indian shares inched higher on Monday, with underlying sentiment supported by a resounding victory for the BJP-led NDA in the Bihar elections and optimism surrounding a potential India-U.S. trade deal.
RTTNews | Pred 4 h 21 min
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, adding to the losses in the previous four sessions, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to near the 8,600.00 level, with weakness in financial stocks and mixed performance across most other sectors.
RTTNews | Pred 5 h 21 min
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Monday, following the mixed cues from Wall Street on Friday, amid renewed uncertainty about the outlook for interest rates, the lofty valuation in the tech sector and the U.S. economic outlook. Asian markets closed mostly lower on Friday.
RTTNews | Pred 5 h 41 min
Indian Shares Set To Open On Firm Note

Indian Shares Set To Open On Firm Note

Gift Nifty futures indicate a positive opening for Indian markets as a resounding victory for the BJP-led NDA in the Bihar elections added to stability to the coalition government at the Centre.
RTTNews | Pred 6 h 15 min
Lower Open Called For Thai Stock Market

Lower Open Called For Thai Stock Market

The Thai stock market headed south again on Friday, one day after ending the two-day slide in which it had given up more than 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just beneath the 1,270-point plateau and it's expected to see continued consolidation on Monday.
RTTNews | Pred 6 h 47 min