CAC 40 Up Nearly 2% As Trump Secures Historic Victory

RTTNews | 245 days ago
Stocktwits
CAC 40 Up Nearly 2% As Trump Secures Historic Victory

(RTTNews) - French stocks traded sharply higher on Wednesday as U.S. Republican candidate Donald Trump declared victory after winning crucial swing states and pledged to bring a 'golden age' to the United States.

Speaking to his supporters early today, Trump expressed that this moment would "help this country heal."

Meanwhile, investors shrugged off the results of a survey showing a fall in French business activity in October.

The benchmark CAC 40 jumped 137 points, or 1.9 percent, to 7,544 after gaining half a percent the previous day.

Lender Credit Agricole fell nearly 5 percent after reporting mixed Q3 results as weakness at some of its retail businesses overshadowed record revenues at its investment banking unit.

Peer BNP Paribas rose 1.3 percent and Societe Generale rallied 3.5 percent.

Stocktwits
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Continued Strength Predicted For Singapore Stock Market

Continued Strength Predicted For Singapore Stock Market

The Singapore stock market has moved higher in three straight sessions, improving almost 45 points or 1.1 percent along the way. The Straits Times Index now rests just beneath the 4,060-point plateau and it's expected to open to the upside again on Thursday.
RTTNews | 20 minutes ago
Malaysia Stock Market May Snap Losing Streak

Malaysia Stock Market May Snap Losing Streak

The Malaysia stock market has moved lower in three straight sessions, slipping more than 20 points or 1.3 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,530-point plateau although it may stop the bleeding on Thursday.
RTTNews | 50 minutes ago
Japan Bourse May Break Through 40,000-Point Barrier

Japan Bourse May Break Through 40,000-Point Barrier

The Japanese stock market has moved higher in back-to-back sessions, collecting more than 230 points or 0.6 percent in that span. The Nikkei 225 now sits just above the 39,820-point plateau and it's tipped to open in the green again on Thursday.
RTTNews | 1h 5min ago
Win Streak May Continue For South Korea Shares

Win Streak May Continue For South Korea Shares

The South Korea stock market has finished higher in three straight sessions, collecting more than 80 points or 2.5 percent along the way. The KOSPI now sits just beneath the 3,135-point plateau and it may extend its gains again on Thursday.
RTTNews | 1h 20min ago
Korea Rate Decision On Tap For Thursday

Korea Rate Decision On Tap For Thursday

The Bank of Korea will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a lit day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate steady at 2.50 percent.
RTTNews | 2h 20min ago
U.S. House Purchase Mortgage Applications Highest In Over 2 Years: MBA

U.S. House Purchase Mortgage Applications Highest In Over 2 Years: MBA

Home loan applications in the U.S. rose to their highest level since early 2023 in the week ended July 04, while mortgage rates eased only modestly, survey data from the Mortgage Bankers Association showed on Wednesday. The number of mortgage applications grew 9.4 percent from the previous week when it they rose 2.7 percent, the MBA said.
RTTNews | 4h 26min ago
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