CAC 40 Struggles For Direction As Growth Worries Weigh

RTTNews | Pred 751 dňami
CAC 40 Struggles For Direction As Growth Worries Weigh

(RTTNews) - French stocks were little changed in cautious trade on Tuesday as investors continued to fret about inflation, rising interest rates and the health of the global economy.

The benchmark CAC 40 was marginally higher at 7,070 after falling 0.9 percent the previous day.

Banks BNP Paribas, Credit Agricole and Societe Generale were flat to slightly higher.

Vantiva, a provider of creative services and technology products for the communication, media and entertainment industries, soared 24 percent after it has entered into a call option agreement with CommScope Holding Co. (COMM), to acquire CommScope's Home Networks division.

Drug maker Sanofi rose half a percent after it has entered into an agreement with Janssen Pharmaceuticals, Inc., a Johnson & Johnson company, for the development of Janssen's extraintestinal pathogenic E. coli vaccine candidate (ExPEC9V).

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Bay Street Likely To Open Higher On Firm Oil, Metal Prices

Bay Street Likely To Open Higher On Firm Oil, Metal Prices

Higher crude oil and metal prices point to a firm start for the Canadian market on Thursday. Investors are also expecting that the upcoming Canadian budget will contain some huge funding in major initiatives.
RTTNews | Pred 42 minútami
Turkey Central Bank Cuts Key Rates By 100 Bps As Expected

Turkey Central Bank Cuts Key Rates By 100 Bps As Expected

Turkey's central bank reduced the pace of interest rate cuts on Thursday as inflation accelerated due to higher food prices. The Monetary Policy Committee of the Central Bank of the Republic of Turkey, headed by Yasar Fatih Karahan, decided to reduce the policy rate by 100 basis points to 39.50 percent from 40.50 percent.
RTTNews | Pred 1 h 0 min
French Manufacturing Sentiment Strengthens Unexpectedly

French Manufacturing Sentiment Strengthens Unexpectedly

French manufacturing confidence strengthened unexpectedly in October to the highest level in more than a year, data from the statistical office INSEE showed on Thursday. The manufacturing confidence index rose to 100.7 in October from 96.7 in September, while the reading was forecast to drop to 96.0. Moreover, the score was the highest since March 2024.
RTTNews | Pred 2 h 32 min
CAC 40 Hovers Near Record High; Kering Soars Over 10%

CAC 40 Hovers Near Record High; Kering Soars Over 10%

France's CAC 40 is hovering near its record high on Thursday with investors largely reacting to corporate earnings announcements, and data showing an improvement in industry confidence in France in the month of October.
RTTNews | Pred 2 h 41 min
Sensex, Nifty Give Up Sharp Early Gains

Sensex, Nifty Give Up Sharp Early Gains

Indian shares closed higher on Thursday after reports suggested that India and the United States are close to finalizing a long-awaited bilateral trade deal that could sharply lower tariffs on Indian exports to about 15-16 percent from the current average of 50 percent.
RTTNews | Pred 3 h 14 min
DAX Drifts Lower As Investors React To Results, Geopolitical News

DAX Drifts Lower As Investors React To Results, Geopolitical News

The German market is showing weakness on Thursday, as investors remain cautious, reacting to a slew of earnings announcements, and continuing to watch the developments on U.S.-China trade front, as well as news from the geopolitical front.
RTTNews | Pred 3 h 31 min
European Shares Mixed Amid Earnings Deluge

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European shares were mixed on Thursday as investors digested a wave of corporate earnings and watched trade developments between the United States and China. Meanwhile, EU countries today formally adopted a 19th package of sanctions against Russia for its war against Ukraine that includes a ban on Russian liquefied natural gas imports.
RTTNews | Pred 4 h 25 min