CAC 40 Gains Despite Concerns Over Trump's Proposed Tariffs

RTTNews | 304 dni temu
CAC 40 Gains Despite Concerns Over Trump's Proposed Tariffs

(RTTNews) - French stocks were sharply higher on Monday despite increased uncertainty resulting from Donald Trump's decisive victory in the U.S. presidential election.

Investors remain apprehensive about how Trump's second presidency will impact EU policy from energy and trade to finance and defense.

The benchmark CAC 40 was up 93 points, or 1.3 percent, at 7,432 after losing 1.2 percent on Friday.

The single European currency fell marginally below the level of 1.07 at the opening of the new week as Trump edged closer to securing full control of the U.S. Congress.

China-related luxury firms LVMH, Kering and Hermes International all rose about 1 percent after China announced a five-year package totaling 10 trillion yuan ($1.4 trillion) to tackle local government debt problems.

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China Shares Tipped To Open To The Upside On Friday

China Shares Tipped To Open To The Upside On Friday

The China stock market has tracked higher in two straight sessions, rising almost 70 points or 2 percent in that span. The Shanghai Composite Index now sits just above the 3,875-point plateau although it may see additional support on Friday.
RTTNews | 10 minut temu
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is trading notably higher on Friday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to be just below the 8,850 level, with gains across most sectors led by mining and technology stocks. Energy stocks were the only weak spot.
RTTNews | 14 minut temu
Taiwan Stock Market Tipped To Open In The Green

Taiwan Stock Market Tipped To Open In The Green

The Taiwan stock market has tracked higher in seven straight sessions, collecting almost 1,200 points or 4.8 percent along the way. The Taiwan Stock Exchange now sits just above the 25,215-point plateau and it's got a positive lead again for Friday's trade.
RTTNews | 40 minut temu
Singapore Bourse May Add To Its Winnings On Friday

Singapore Bourse May Add To Its Winnings On Friday

The Singapore stock market has finished higher in two straight sessions, advancing almost 60 points or 1.4 percent along the way. The Straits Times Index now sits just above the 4,355-point plateau and it may extend its winning streak on Friday.
RTTNews | 1g 10 minut temu
Rebound Anticipated For Malaysia Stock Market

Rebound Anticipated For Malaysia Stock Market

The Malaysia stock market on Thursday ended the three-day winning streak in which it had collected more than a dozen points or 0.8 percent. The Kuala Lumpur Composite Index now sits just above the 1,580-point plateau although it may bounce higher again on Friday.
RTTNews | 1g 40 minut temu
Japan Stock Market May Extend Winning Streak

Japan Stock Market May Extend Winning Streak

The Japanese stock market has moved higher in back-to-back sessions, rallying more than 910 points or 2 percent in that span. The Nikkei 225 now sits just beneath the 44,375-point plateau and it may add to its winnings again on Friday.
RTTNews | 1g 55 minut temu
Overbought KOSPI Nonetheless Called Higher On Friday

Overbought KOSPI Nonetheless Called Higher On Friday

The South Korea stock market has moved higher in eight straight sessions, surging more than 200 points or 6.3 percent along the way. Now at a fresh record closing high, the KOSPI sits just beneath the 3,350-point plateau and it's expected to at least open in the green again on Friday.
RTTNews | 2g 10 minut temu