CAC 40 Declines With Inflation Data In Focus

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CAC 40 Declines With Inflation Data In Focus

(RTTNews) - French stocks were moving lower on Thursday as investors awaited the release of key euro zone inflation data for directional cues.

European Central Bank President Christine Lagarde told Spanish television show Espejo Publico on Thursday that interest-rate increases may need to continue beyond a planned half-point move in two weeks' time.

The benchmark CAC 40 was down 44 points, or 0.6 percent, at 7,190 after losing half a percent in the previous session.

Technip Energies shares rallied 3.2 percent. The engineering firm, focused on energy industry, posted a rise in earnings for 2022 on lower revenue.

Resource-management firm Veolia Environnement declined 1.6 percent despite reporting a rise in FY22 net income and revenue, helped by its merger with Suez.

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Singapore Stock Market Tipped To Open In The Green

Singapore Stock Market Tipped To Open In The Green

The Singapore stock market has moved higher in four straight sessions, collecting more than 90 points or 2.1 percent along the way. The Straits Times Index now rests just above the 4,420-point plateau and it may see additional support on Monday.
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Win Streak May Continue For Malaysia Bourse

Win Streak May Continue For Malaysia Bourse

The Malaysia stock market has moved higher in consecutive trading days, picking up more than 10 points or 0.6 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,615-point plateau and it's expected to open to the upside again on Monday.
RTTNews | 1h 24minuter sedan
Japan Stock Market May Extend Friday's Gains

Japan Stock Market May Extend Friday's Gains

The Japanese stock market on Friday snapped the two-day slide in which it had stumbled more than 675 points or 1.4 percent. The Nikkei 225 now sits just beneath the 49,300-point plateau and it may add to its winnings on Monday.
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KOSPI Has Firm Lead For Monday's Trade

KOSPI Has Firm Lead For Monday's Trade

The South Korea stock market bounced higher again on Friday, one day after snapping the six-day winning streak in which it had surged more than 320 points or 8.6 percent. Now at a fresh record closing high, the KOSPI sits just above the 3,940-point plateau and it may extend its gains on Monday.
RTTNews | 1h 54minuter sedan
Hong Kong Trade Data On Tap For Monday

Hong Kong Trade Data On Tap For Monday

Hong Kong will on Monday release September figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
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Russia Central Bank Cuts Rates For Fourth Policy Session

Russia Central Bank Cuts Rates For Fourth Policy Session

Russia's central bank unexpectedly reduced its key interest rate for the fourth policy session in a row, citing high inflation expectations and lackluster growth, and signaled that monetary policy will remain tight for an extended period of time.
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Canadian Market Rises On Rate Cut Bets

Canadian Market Rises On Rate Cut Bets

The Canadian market is up firmly in positive territory Friday afternoon, thanks to strong gains in the technology sector. A few stocks from financial and communications sectors are also up with notable gains.
RTTNews | 2 dagar sedan