CAC 40 Rises More Than 1% As Stocks Recover From Recent Weakness

RTTNews | 303 dias atrás
CAC 40 Rises More Than 1% As Stocks Recover From Recent Weakness

(RTTNews) - French stocks are up firmly in positive territory a little past noon on Tuesday as buying continues at several counters from across various sectors.

The market eyes France's new prime minister, François Bayrou's speech at parliament.

The benchmark CAC 40 was up 80.68 points or 1.09% at 4,489.32.

Michelin, Societe Generale, Safran, Renault, Credit Agricole, BNP Paribas, Teleperformance, LVMH and Veolia are gaining 2 to 3.4%.

Stellantis, Orange, Pernod Ricard, Carrefour, Essilor, Vinci, Accor, Bouygues, Hermes International and Airbus Group are up 1 to 1.5%.

Unibail Rodamco is declining by nearly 3%. STMicroElectronics, Edenred and Kering are modestly lower.

According to the data released by the government, France's government budget deficit narrowed to EUR 172.49 billion in the January-November period of 2024, down from EUR 197.97 billion in the corresponding period of the previous year.

read more
TSX Tumbles 2%; Technology, Financials Stocks Down Sharply

TSX Tumbles 2%; Technology, Financials Stocks Down Sharply

The Canadian market is down sharply Thursday afternoon, weighed down by a sell-off in tech stocks amid concerns about high valuations. Shares from healthcare, utilities and financials sectors are the other major losers.
RTTNews | 4 h 7 min atrás
Swiss Market Ends Weak

Swiss Market Ends Weak

The Switzerland market ended on a weak note on Thursday as stocks failed to hold early gains and drifted lower with investors taking some profits, cashing in recent gains.
RTTNews | 4 h 44 min atrás
European Stocks Retreat After Positive Start, Close Broadly Lower

European Stocks Retreat After Positive Start, Close Broadly Lower

European stocks closed lower on Thursday as investors chose to take some profits after recent gains, following the signing of a funding bill by U.S. President Donald Trump paving the way for the end of the government shutdown in the world's largest economy.
RTTNews | 5 h 13 min atrás
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a mixed note on Thursday, tracking earnings updates, and commodity prices. The end to the U.S. government shutdown following President Donald Trump signing a short term bill is likely to aid sentiment.
RTTNews | 9 h 46 min atrás
European Stocks Pare Early Gains As Markets Digest Earnings, Economic News

European Stocks Pare Early Gains As Markets Digest Earnings, Economic News

European stocks gave up early gains and are broadly lower Thursday afternoon as investors look ahead to some crucial economic data following the longest federal government shutdown in U.S. history coming to an end after President Donald Trump signed a funding package.
RTTNews | 10 h 12 min atrás
Disney Q4 Profit Beats Street, Revenues Miss; Sees Adj. EPS Growth, Plans $7 Bln Buyback; Stock Down

Disney Q4 Profit Beats Street, Revenues Miss; Sees Adj. EPS Growth, Plans $7 Bln Buyback; Stock Down

Shares of Walt Disney Co. were losing around 4 percent in the pre-market activity on Thursday after the media and entertainment major reported nearly flat revenues in its fourth quarter below market estimates, even though profit beat the Street. Further, the firm said it expects double digit year-over-year growth in adjusted earnings per share for fiscal 2026 and 2027, and targets doubling share
RTTNews | 10 h 25 min atrás