CAC 40 Gains On Earnings Boost

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CAC 40 Gains On Earnings Boost

(RTTNews) - French stocks were sharply higher on Thursday as investors cheered strong earnings results and waited for U.S. inflation data due next week for additional clues on the U.S. rate outlook.

The benchmark CAC 40 was up 80 points, or 1.1 percent, at 7,199 after declining 0.2 percent on Wednesday.

Vinci jumped 2.2 percent. After posting strong financial results for fiscal year 2022, the construction and infrastructure company said it expects a further increase in turnover and operating profit in 2023.

Lender Credit Agricole soared 4.2 percent after reporting a higher-than-expected profit in the fourth quarter on lower provisions and a strong performance at its investment banking division.

Airbus gained half a percent after reports that it may appoint an interim CFO.

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Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending to its early losses in mid-market trading on Monday, adding to the losses in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying below the 8,450.00 level, with weakness across most sectors led by in iron ore miners and technology stocks.
RTTNews | 1h 28minuter sedan
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Monday, following the mixed cues from Wall Street on Friday, amid rising concerns about the uncertainty surrounding US President Donald Trump's tariff plans. Trump accused China of violating the trade agreement reached last month. Trump has also announced that import tariffs on steel and aluminum will double to 50 percent starting June 4.
RTTNews | 1h 43minuter sedan
Sensex, Nifty Seen Flat To Lower At Open

Sensex, Nifty Seen Flat To Lower At Open

Indian shares may drift lower on Monday as investors once again grapple with capricious headlines around Donald Trump's trade regime.
RTTNews | 2h 23minuter sedan
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Monday, extending the sharp losses in the previous session, following the mixed cues from Wall Street on Friday, with the Nikkei 225 falling below the 37,550 level, with weakness across all sectors led by index heavyweights and technology stocks.
RTTNews | 3h 17minuter sedan
Losses May Accelerate For Indonesia Stock Market

Losses May Accelerate For Indonesia Stock Market

Ahead of the long holiday weekend for the Ascension, the Indonesia stock market had moved lower in two of three trading days since the end of the three-day winning streak in which it had climbed more than 120 points or 1.7 percent. The Jakarta Composite Index now rests just above the 7,175-point plateau and it's likely to open to the downside again on Monday.
RTTNews | 3h 19minuter sedan
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is slightly lower on Monday, extending the losses in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,400.00 level, with weakness across most sectors led by in iron ore miners and technology stocks. Gold miners are the only bright spot.
RTTNews | 3h 34minuter sedan
Hong Kong Bourse May Extend Friday's Losses

Hong Kong Bourse May Extend Friday's Losses

The Hong Kong stock market has alternated between positive and negative finishes through the last seven trading days since the end of the two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just beneath the 23,290-point plateau and it's tipped to open lower again on Monday.
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