CAC 40 Climbs As Biden Says US Can Avert Recession

RTTNews | 1056 ngày trước
CAC 40 Climbs As Biden Says US Can Avert Recession

(RTTNews) - French stocks advanced on Friday amid optimism that China's economy is poised for a steady recovery from the COVID-19 impact.

Investors were also reacting to comments by U.S. President Joe Biden that a U.S. recession isn't inevitable and that the country was "in a stronger position than any nation in the world to overcome inflation."

The benchmark CAC 40 rose 49 points, or 0.8 percent, to 5,935 after declining 2.4 percent in the previous session.

EssilorLuxottica SA shares rose over 2 percent. The provider of ophthalmic lenses and frame said it will buy back up to 2.5 million shares in the period starting from June 17 to August 31, for a price not exceeding 200 euros per share.

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Higher Open Called For Taiwan Stock Market

Higher Open Called For Taiwan Stock Market

The Taiwan stock market turned lower again on Thursday, one day after snapping the two-day slide in which it had slumped more than 260 points or 1.3 percent. The Taiwan Stock Exchange now sits just shy of the 20,550-point plateau, although it's likely to rebound again on Friday.
RTTNews | 27 phút trước
Renewed Support Anticipated For Singapore Stock Market

Renewed Support Anticipated For Singapore Stock Market

The Singapore stock market on Thursday ended the five-day winning streak in which it had risen more than 60 points or 1.7 percent. The Straits Times Index now sits just shy of the 3,850-point plateau although it's expected to bounce higher again on Friday.
RTTNews | 57 phút trước
Little Movement Expected For Malaysia Stock Market

Little Movement Expected For Malaysia Stock Market

The Malaysia stock market headed south again on Thursday, one session after ending the two-day slide in which it had slipped six points or 0.4 percent. The Kuala Lumpur Composite Index now sits just above the 1,540-point plateau and it's expected to remain rangebound again on Friday.
RTTNews | 1h 27phút trước
Japan Bourse May Extend Thursday's Gains

Japan Bourse May Extend Thursday's Gains

The Japanese stock market bounced higher again on Thursday, one day after halting the seven-day winning streak in which it had rallied more than 2,600 points or 7.6 percent. The Nikkei 225 now sits just shy of the 36,930-point plateau and it may add to its winnings on Friday.
RTTNews | 1h 42phút trước
Win Streak May Continue For South Korea Shares

Win Streak May Continue For South Korea Shares

The South Korea stock market has climbed higher in three straight sessions, collecting more than 20 points or 0.8 percent along the way. The KOSPI now sits just shy of the 2,580-point plateau and it may see additional support on Friday.
RTTNews | 1h 57phút trước
China Trade Data Due On Friday

China Trade Data Due On Friday

China will on Friday release April figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity.
RTTNews | 2h 57phút trước