CAC 40 Slides On Inflation Concerns

RTTNews | 590 days ago
Stocktwits
CAC 40 Slides On Inflation Concerns

(RTTNews) - French stocks traded lower on Friday after an upside revision to September inflation. According to final figures from the INSEE statistics body, the inflation figure, on an EU-harmonized basis, has been revised up to 5.7 percent from the preliminary figure of 5.6 percent.

Spanish annual inflation also stood higher for a third consecutive month at 3.5 percent, raising pressure on the European Central Bank to keep interest rates at an elevated time for some time.

The benchmark CAC 40 was down 24 points, or 0.3 percent, at 7,080 after losing 0.4 percent the previous day.

Real estate company Unibail-Rodamco-Westfield was moving lower after it received a binding offer from real estate company Frey for Polygone Riviera for a net disposal price of 272.3 million euros. The price is at a 4 percent discount to last unaffected book value.

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Australian Market Slightly Extends Early Losses In Mid-market

Australian Market Slightly Extends Early Losses In Mid-market

The Australian stock market is slightly extending its early losses in mid-market trading on Monday, reversing some of the gains in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying near the 8,350.00 level, with weakness in mining, energy and financial stocks partially offset by gains in gold miners and technology stocks
RTTNews | 12 minutes ago
Asian Markets Track Global Markets Lower

Asian Markets Track Global Markets Lower

Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street and Europe on Friday, on renewed trade and tariff concerns after US President Donald Trump threatened to impose 50 percent tariffs on imports from the European Union beginning June 1. However, Trump agreed to delay a sweeping 50 percent tariff on EU imports until July 9 over the weekend.
RTTNews | 40 minutes ago
Sensex, Nifty Seen Higher At Open As Trump Extends EU Tariff Deadline

Sensex, Nifty Seen Higher At Open As Trump Extends EU Tariff Deadline

Indian shares look set to open higher on Monday, tracking gains in U.S. index futures and mostly positive cues from Asian markets after U.S. President Donald Trump extended a deadline for EU trade deal until 9 July, following a call with European Commission president.
RTTNews | 1h 6min ago
Thai Bourse May Hand Back Friday's Gains

Thai Bourse May Hand Back Friday's Gains

The Thai stock market on Friday snapped the tw0-day slide in which it had dropped more than 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,175-point plateau although it may head south again on Monday.
RTTNews | 1h 39min ago
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Monday, extending the gains in the previous session, despite the broadly negative cues from Wall Street on Friday, with the Nikkei 225 moving up to near the 37,400 level, with gains in index heavyweights, automakers and technology stocks.
RTTNews | 2h 7min ago
Win Streak May End For Indonesia Stock Market

Win Streak May End For Indonesia Stock Market

The Indonesia stock market has moved higher in three straight sessions, gathering more than 120 points or 1.7 percent along the way. The Jakarta Composite Index now rests just above the 7,210-point plateau, although the rally may stall on Monday.
RTTNews | 2h 9min ago
Lower Open Called For Hong Kong Stock Market

Lower Open Called For Hong Kong Stock Market

The Hong Kong stock market bounced higher again on Friday, one day after snapping the two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just above the 23,600-point plateau although it's tipped to open in the red on Monday.
RTTNews | 2h 24min ago
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is slightly lower in choppy trading on Monday, reversing some of the gains in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying near the 8,350.00 level, with a mixed performance across most sectors. Gold miners were the only bright spot
RTTNews | 2h 39min ago
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