CAC 40 Declines On Weak PMI Data

RTTNews | 728 dagar sedan
CAC 40 Declines On Weak PMI Data

(RTTNews) - French stocks declined on Tuesday after a private survey showed China's factory activity fell into contraction territory for the first time since April.

Japan, South Korea, Taiwan and Vietnam also saw manufacturing activity contracting in July, raising fresh concerns about Asia's fragile economic recovery.

Closer home, a monthly survey showed that France's manufacturing activity slumped further in July amid deteriorating demand conditions.

The index stood at 45.1 in the month, compared to an initial estimate of 44.5 and 46.0 in June, final results from the S&P monthly survey showed.

"Production fell at a rapid pace, new orders continued to fall, and producers cut jobs at the fastest rate since the start of the COVID-19 pandemic. ", Cyrus de la Rubia, chief economist at the Hamburg Commercial Bank said.

The benchmark CAC 40 was down 61 points, or 0.8 percent, at 7,437 after rising 0.3 percent in the previous session.

read more
Asian Markets Mixed In Cautious Trades

Asian Markets Mixed In Cautious Trades

Asian stock markets are trading mixed on Wednesday, following the broadly negative cues from Wall Street overnight, as traders remain cautious and seemed reluctant to make significant moves as they watch developments on the tariff front as the deadline of August 1 set by the US President Donald Trump nears. They also look ahead to the US Fed's monetary policy announcement later in the day.
RTTNews | 22 minuter sedan
Rally May Stall For Thai Stock Market

Rally May Stall For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting more than 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,230-point plateau although it may spin its wheels on Wednesday.
RTTNews | 1h 29minuter sedan
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is modestly lower in choppy trading on Wednesday after opening in the green, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 40,600 level, with weakness in automaker stocks and a mixed performance in most other sectors.
RTTNews | 1h 43minuter sedan
Indonesia Shares May Open Under Pressure On Wednesday

Indonesia Shares May Open Under Pressure On Wednesday

The Indonesia stock market has moved higher in five straight sessions, advancing more than 260 points or 2.8 percent along the way. The Jakarta Composite Index now sits just above the 7,615-point plateau although investors are likely to cash in on Wednesday.
RTTNews | 1h 59minuter sedan
Australian Market Slightly Higher

Australian Market Slightly Higher

Australian shares are trading slightly higher on Wednesday after opening in the red, extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying above the 8,700 level, despite the broadly negative cues from Wall Street overnight, with gains in gold miners and financial stocks partially offset by weakness in iron ore miners and technology stocks.
RTTNews | 2h 10minuter sedan
China Bourse May Be Stuck In Neutral On Wednesday

China Bourse May Be Stuck In Neutral On Wednesday

The China stock market has moved higher in back-to-back sessions, gathering more than 15 points or 0.4 percent along the way. The Shanghai Composite Index now sits just beneath the 3,610-point plateau although it may spin its wheels on Wednesday.
RTTNews | 2h 29minuter sedan
Taiwan Shares May Extend Tuesday's Losses

Taiwan Shares May Extend Tuesday's Losses

The Taiwan stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had gained almost 400 points or 1.8 percent. The Taiwan Stock Exchange now sits just above the 23,200-point plateau and it's likely to open under water again on Wednesday.
RTTNews | 2h 59minuter sedan