CAC 40 Edges Higher Ahead Of US CPI Data

RTTNews | 707 gün önce
CAC 40 Edges Higher Ahead Of US CPI Data

(RTTNews) - French stocks rose on Thursday as less hawkish commentaries by some U.S. policymakers including Boston Fed President Susan Collins and her Atlanta counterpart Raphael Bostic helped ease concerns around inflation and interest-rate hikes.

Investors await U.S. consumer price inflation data later in the day for further direction.

The benchmark CAC 40 was up 33 points, or half a percent, at 7,164 after losing 0.4 percent the previous day.

China-exposed Kering rose half a percent and Hermes International added 1 percent after a move by China's sovereign wealth fund to buy shares of the country's largest banks.

Publicis Groupe shares jumped 4.5 percent. After reporting improved revenue for Q3, the public relations and adverting company now expects its organic growth to be in the range of 5.5 percent to 6 percent for full year 2023 against its previous expectation for 5 percent.

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Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Friday, following the broadly positive cues from Wall Street overnight, as traders continued to digest the US Fed's interest rate cut by a quarter point and its impact on the markets. Fed officials' forecasts suggest two more rate cuts this year but just one next year, although there were significant differences of opinion about the outlook.
RTTNews | 16 dakika önce
Thai Shares May Halt Slide On Friday

Thai Shares May Halt Slide On Friday

The Thai stock market has moved lower in consecutive trading days, shedding more than 10 points of 0.8 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,300-point plateau, although it may find support on Friday.
RTTNews | 1s 18 dakika önce
Japanese Market Notably Higher

Japanese Market Notably Higher

Extending the gains in the previous session, the Japanese market is notably higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 45,700 level, with gains across most sectors led by automakers, financial and technology stocks.
RTTNews | 1s 36 dakika önce
Higher Open Tipped For Indonesia Stock Market

Higher Open Tipped For Indonesia Stock Market

The Indonesia stock market on Thursday ended the seven-day winning streak in which it had surged almost 400 points or 5 percent. The Jakarta Composite Index now sits just shy of the 8,010-point plateau, although it may tick higher again on Friday.
RTTNews | 1s 48 dakika önce
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is trading notably higher on Friday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,800 level, with gains energy and technology stocks partially offset by weakness in mining stocks.
RTTNews | 1s 49 dakika önce
Hong Kong Bourse Expected To Remain Rangebound

Hong Kong Bourse Expected To Remain Rangebound

The Hong Kong stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had jumped more than 360 points or 1.4 percent. The Hang Seng Index now sits just beneath the 26,550-point plateau although it's likely to move back to the upside again on Friday.
RTTNews | 2s 3 dakika önce
China Shares May Bounce Higher Again On Friday

China Shares May Bounce Higher Again On Friday

The China stock market on Thursday ended the two-day winning streak in which it had collected more than 15 points or 0.4 percent. The Shanghai Composite Index now rests just above the 3,830-point plateau although it's expected to rebound on Friday.
RTTNews | 2s 18 dakika önce