CAC 40 Slips On Mixed Earnings

RTTNews | Pred 563 dňami
CAC 40 Slips On Mixed Earnings

(RTTNews) - French stocks traded lower on Friday, with heighted geopolitical tensions in the Middle East, Fed rate uncertainty and mixed earnings results weighing on investor sentiment. The benchmark CAC 40 was down 19 points, or 0.3 percent, at 7,646 after climbing 0.7 percent on Thursday.

Orange dropped half a percent. The telecoms firm reported that its loss before taxation for fiscal year 2023 was 2.2 million euros compared to profit of 81.6 million euros in the prior year.

Hermes International soared 5 percent. The luxury design house announced plans to raise prices after posting solid Q4 results.

L'Oreal slumped 6 percent after reporting lower-than-expected fourth-quarter sales. Video game Ubisoft jumped 15 percent after beating its sales targets in Q3.

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Australian Market Slashes Early Gains In Mid-market

Australian Market Slashes Early Gains In Mid-market

The Australian stock market is slashing its early gains in mid-market trading on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weak spot.
RTTNews | Pred 1 h 37 min
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, on an improved outlook for interest rates after US Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole on Friday. Powell said economic risks are 'shifting' and a rate cut may be warranted. Asian markets closed mixed on Friday.
RTTNews | Pred 1 h 54 min
Thai Shares Tipped To Open To The Upside On Monday

Thai Shares Tipped To Open To The Upside On Monday

The Thai stock market has finished higher in two of three trading days since the end of the four-day losing streak in which it had slumped more than 40 points or 3.5 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it's poised to extend its gains on Monday.
RTTNews | Pred 3 h 3 min
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Monday, extending the gains in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving well above the 42,850 level, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews | Pred 3 h 16 min
Indonesia Stock Market May End Losing Streak On Monday

Indonesia Stock Market May End Losing Streak On Monday

The Indonesia stock market has moved lower in two straight sessions, slipping almost 85 points or 1.1 percent along the way. The Jakarta Composite Index now sits just shy of the 7,860-point plateau although it's likely to stop the bleeding on Monday.
RTTNews | Pred 3 h 33 min
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is notably higher on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weal spot.
RTTNews | Pred 3 h 35 min