CAC 40 Down Marginally In Lackluster Trade

RTTNews | 62 dni temu
CAC 40 Down Marginally In Lackluster Trade

(RTTNews) - The French market is down marginally on Tuesday with stocks moving in a tight band ahead of the Federal Reserve's monetary policy meeting. The Fed is widely expected to cut interest rates by 25 basis points on Wednesday.

The benchmark CAC 40 was down 6.51 points or 0.08% at 7,890.42 a few minutes ago.

Kering is gaining 4.5%. EssilorLuxottica and Capgemini are up 2.4% and 2.3%, respectively. LVMH, Hermes International and Dassault Systems are gaining a little over 2%.

Reanault is advancing nearly 2.5%, and Stellantis is gaining about 0.7%.

L'Oreal and Bouygues are down 2.3% and 2.2%, respectively. Societe Generale, Orange, Vinci, Pernod Ricard, AXA, Engie and Carrefour are down 1 to 1.6%.

In economic news, industrial production in the Euro Area inched higher by 0.3% from the previous month in July, after a revised 0.6% drop in the earlier period. Compared to a year ago, industrial output grew by 1.8% in July, picking up from the 0.7% increase in June.

The ZEW Indicator of Economic Sentiment for the Euro Area rose by 1 point from the prior month to 26.1 in September, above market estimates of 20.3. In September. The Indicator of the current economic situation increased by 2.4 points to -28.8 and inflation expectations went up by 3.3 points to -3.4.

read more
Asian Markets A Sea Of Red

Asian Markets A Sea Of Red

Asian stock markets are a sea of red on Tuesday, following the broadly negative cues from Wall Street overnight, amid ongoing concerns about the market valuation, especially among technology shares, and the diminishing prospects of an interest rate cut by the US Fed next month. The US dollar also strengthened against major currencies in the region. Asian markets closed mixed on Monday.
RTTNews | 1g 22 minut temu
Thai Shares May Head South Again On Tuesday

Thai Shares May Head South Again On Tuesday

The Thai stock market has finished higher in two of three trading days since the end of 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 above the 1,280-point plateau although it may hand back those gains on Tuesday.
RTTNews | 2g 34 minut temu
Renewed Consolidation Expected For Indonesia Shares

Renewed Consolidation Expected For Indonesia Shares

The Indonesia stock market on Monday ended the two-day slide in which it had slipped almost 20 points or 0.3 percent. The Jakarta Composite Index now sits just above the 8,410-point plateau although it's expected to open under water again on Tuesday.
RTTNews | 3g 4 minut temu
Japanese Market Sharply Lower; Down 2%

Japanese Market Sharply Lower; Down 2%

The Japanese stock market is trading sharply lower on Tuesday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is tumbling more than 2 percent to well below the 49,200 level, with weakness across all sectors led by exporters and technology stocks.
RTTNews | 3g 11 minut temu
No Help Yet For Hong Kong Stock Market

No Help Yet For Hong Kong Stock Market

The Hong Kong stock market has finished lower in consecutive trading days, slumping almost 690 points or 2.6 percent along the way. The Hang Seng Index now rests just above the 26,380-point plateau and it's expected to see continued consolidation on Tuesday.
RTTNews | 3g 19 minut temu
Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is trading notably lower on Tuesday, reversing the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,600 level, with weakness across most sectors led by mining and technology stocks.
RTTNews | 3g 33 minut temu