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Receding War Clouds Lift CAC 40

RTTNews | 9 days ago

Receding War Clouds Lift CAC 40

(RTTNews) - The CAC 40 benchmark ended its three-day losing streak as diplomatic efforts to resolve the Middle East crisis boosted sentiment. The index that tracks the 40 largest French stocks based on the Euronext Paris has rallied more than half a percent in Friday's trading.

The CAC-40 is currently trading at 7,600.52, adding 0.62 percent from the previous close of 7,553.45. The day's trading has been between 7,817.20 and 7,583.92.

With easing in geopolitical tensions, only 6 scrips in the index are trading below the flatline. Kering rallied 2.5 percent followed by ArcelorMittal that gained 1.9 percent. AXA and ACCOR, both added around 1.75 percent.

Teleperformance topped losses with a decline of 3.4 percent.

Amidst the dollar's weakness attributed to ebbing safe-haven demand, the EUR/USD rallied 0.23 percent to 1.1524. The pair ranged between 1.1535 and 1.1490. The EUR/GBP pair has edged up 0.04 percent to 0.8540. The EUR/JPY pair has rallied 0.24 percent to 167.61.

Unlike its peers, bond yields in France eased 0.21 percent to 3.260 percent, versus the level of 3.267 percent at the previous close. Yields ranged between 3.276 percent and 3.229 percent.

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Taiwan Stock Market Tipped To Open In The Green

Taiwan Stock Market Tipped To Open In The Green

The Taiwan stock market has moved higher in straight sessions, advancing almost 850 points or 3.9 percent along the way. The Taiwan Stock Exchange now sits just above the 22,580-point plateau and it's expected to open to the upside again on Monday.

RTTNews | 10 minutes ago

Japan Industrial Output Adds 0.5% In May

Japan Industrial Output Adds 0.5% In May

Industrial production in Japan was up a seasonally adjusted 0.5 percent on month in May, the ministry of Economy, Trade and Industry said on Monday.

RTTNews | 21 minutes ago

Singapore Bourse May Challenge Resistance At 4,000 Points

Singapore Bourse May Challenge Resistance At 4,000 Points

The Singapore stock market has climbed higher in four straight sessions, rising almost 90 points or 2.2 percent along the way. The Straits Times Index now sits just above the 3,965-point plateau and it may extend its gains again on Monday.

RTTNews | 40 minutes ago

South Korea Industrial Output Sinks 2.9% In May

South Korea Industrial Output Sinks 2.9% In May

Industrial production in South Korea was down a seasonally adjusted 2.9 percent on month in May, Statistics Korea said on Monday.

RTTNews | 1h 2min ago

Win Streak May Continue For Malaysia Stock Market

Win Streak May Continue For Malaysia Stock Market

Ahead of Friday's holiday for the Islamic New Year, the Malaysia stock market had tracked higher in back-to-back sessions, gathering almost 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just shy of the 1,530-point plateau and it may dd to its winnings again on Monday.

RTTNews | 1h 10min ago

Additional Support Predicted For Japan Stock Market

Additional Support Predicted For Japan Stock Market

The Japan stock market has moved higher in three four sessions, collecting more than 1,800 points or 4.7 percent along the way. The Nikkei 225 now sits just above the 40,150-point plateau and it may extend its gains again on Monday.

RTTNews | 1h 19min ago

KOSPI May Stop The Bleeding On Monday

KOSPI May Stop The Bleeding On Monday

The South Korea stock market has moved lower in back-to-back sessions, sinking more than 50 points or 1.6 percent along the way. The KOSPI now sits just above the 3,055-point plateau although it's likely to halt its slide on Monday.

RTTNews | 1h 47min ago

Japan Industrial Output Data Due On Monday

Japan Industrial Output Data Due On Monday

Japan will on Monday release preliminary May numbers for industrial production, highlighting a busy day for Asia-Pacific economic activity. Production is expected to add 2.6 percent on month, easing from 4.9 percent in April.

RTTNews | 2h 10min ago

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