CAC 40 Tumbles Ahead Of Fed, ECB Decisions

RTTNews | 662天前
CAC 40 Tumbles Ahead Of Fed, ECB Decisions

(RTTNews) - French stocks were sharply lower on Wednesday as investors braced for interest-rate decisions from the U.S. Federal Reserve and the European Central Bank, due today and tomorrow respectively.

The benchmark CAC 40 was down 94 points, or 1.3 percent, at 7,321 after declining 0.2 percent on Tuesday.

LVMH tumbled 3.7 percent after the luxury goods giant reported a surprise drop in U.S. sales amid economic uncertainty.

Danone lost 2.7 percent. The maker of Activia yoghurt, Evian water and Aptamil infant milk announced that it would "deconsolidate" its Russia business in July, bringing the total impairments related to the country to almost 700 million euros.

Automaker Renault declined 1.4 percent after finalizing a revamped alliance with Nissan.

Telecom major Orange plummeted 3.4 percent after consolidated net income declined by 378 million euros to 1.09 billion euros in the first half of 2023 on an historical basis.

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Australian Market Halves Early Losses In Mid-market

Australian Market Halves Early Losses In Mid-market

The Australian stock market is halving its early losses in mid-market trading on Monday, snapping an eight-session winning streak, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to near the 8,300.00 level, with weakness in iron ore miners, energy and financial stocks partially offset by gains in gold miners.
RTTNews | 35分鐘前
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

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RTTNews | 51分鐘前
Sensex, Nifty Seen Lower On US Debt Concerns

Sensex, Nifty Seen Lower On US Debt Concerns

Indian shares look set to open lower on Monday as investors fret about the changing geo-political landscape in India's neighborhood as a new bonhomie between Bangladesh, China and Pakistan takes shape silently.
RTTNews | 1小時22分鐘前
Thai Bourse May Reclaim 1,200-Point Plateau

Thai Bourse May Reclaim 1,200-Point Plateau

The Thai stock market has alternated between positive and negative finishes through the last eight trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just above the 1,195-point plateau and it's expected to open to the upside again on Monday.
RTTNews | 2小時3分鐘前
Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese stock market is trading notably lower on Monday, extending the losses in the previous three sessions, despite the broadly positive cues from Wall Street on Friday, with the Nikkei 225 falling below the 37,600 level, with a mixed performance across most sectors.
RTTNews | 2小時27分鐘前
Win Streak May Continue For Indonesia Stock Market

Win Streak May Continue For Indonesia Stock Market

The Indonesia stock market has finished higher in four straight sessions, improving more than 275 points or 4 percent in that span. The Jakarta Composite Index now rests just above the 7,100-point plateau and it's expected to extend its gains again on Monday.
RTTNews | 2小時33分鐘前
Hong Kong Bourse May Find Traction On Monday

Hong Kong Bourse May Find Traction On Monday

The Hong Kong stock market has moved lower in two straight sessions, dropping almost 300 points or 1.3 percent along the way. The Hang Seng Index now sits just beneath the 23,350-point plateau although it's due for support on Monday.
RTTNews | 2小時48分鐘前
Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is notably lower on Monday, snapping an eight-session winning streak, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to near the 8,300.00 level, with weakness in iron ore miners, technology and financial stocks partially offset by gains in gold miners.
RTTNews | 2小時57分鐘前