CAC 40 Rises More Than 1% As Stocks Recover From Recent Weakness

RTTNews | 303 gün önce
Stocktwits
CAC 40 Rises More Than 1% As Stocks Recover From Recent Weakness

(RTTNews) - French stocks are up firmly in positive territory a little past noon on Tuesday as buying continues at several counters from across various sectors.

The market eyes France's new prime minister, François Bayrou's speech at parliament.

The benchmark CAC 40 was up 80.68 points or 1.09% at 4,489.32.

Michelin, Societe Generale, Safran, Renault, Credit Agricole, BNP Paribas, Teleperformance, LVMH and Veolia are gaining 2 to 3.4%.

Stellantis, Orange, Pernod Ricard, Carrefour, Essilor, Vinci, Accor, Bouygues, Hermes International and Airbus Group are up 1 to 1.5%.

Unibail Rodamco is declining by nearly 3%. STMicroElectronics, Edenred and Kering are modestly lower.

According to the data released by the government, France's government budget deficit narrowed to EUR 172.49 billion in the January-November period of 2024, down from EUR 197.97 billion in the corresponding period of the previous year.

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Australian Market Sharply Lower

Australian Market Sharply Lower

The Australian stock market is trading sharply lower on Friday, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,650 level, with weakness across all sectors led by mining and technology stocks.
RTTNews | 1s 1 dakika önce
Losses May Accelerate For Taiwan Stock Market

Losses May Accelerate For Taiwan Stock Market

The Taiwan stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day losing streak in which it had given up more than 640 points or 2.3 percent. The Taiwan Stock Exchange now sits just above the 27,900-point plateau and it's expected to open to the downside on Friday.
RTTNews | 1s 19 dakika önce
Singapore Shares May Run Out Of Steam On Friday

Singapore Shares May Run Out Of Steam On Friday

The Singapore stock market has finished higher in three straight sessions, gathering almost 90 points or 2 percent along the way. The Straits Times Index now sits just above the 4,575-point plateau although it may spin its wheels on Friday.
RTTNews | 1s 49 dakika önce
Malaysia Bourse May Hand Back Thursday's Gains

Malaysia Bourse May Hand Back Thursday's Gains

The Malaysia stock market inched higher again on Thursday, one day after ending the three-day winning streak in which it had risen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just above the 1,630-point plateau although it figures to head south again on Friday.
RTTNews | 2s 19 dakika önce
Rally May Stall On Friday For Japan Stock Market

Rally May Stall On Friday For Japan Stock Market

The Japan stock market has finished higher in back-to-back sessions, advancing more than 430 points or 0.8 percent along the way. The Nikkei 225 now rests just above the 51,280-point plateau although it may run out of steam on Friday.
RTTNews | 2s 34 dakika önce
Profit Taking Expected For KOSPI On Friday

Profit Taking Expected For KOSPI On Friday

The South Korea stock market has tracked higher in four straight sessions, advancing almost 220 points or 5.5 percent in that span. The KOSPI sits just above the 4,170-point plateau although investors figure to cash in on Friday.
RTTNews | 2s 49 dakika önce
China Data On Tap For Friday

China Data On Tap For Friday

China will on Friday release a batch of data on Friday, headlining a busy day for Asia-Pacific economic activity. On tap are October figures for fixed asset investment, industrial production, retail sales, house prices and unemployment.
RTTNews | 3s 19 dakika önce
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