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CAC 40 Drifts Lower After Italian Windfall Tax On Banks
(RTTNews) - French stocks were moving lower on Tuesday after data showed China's exports and imports both fell more than expected in July, threatening recovery prospects and adding to pressure on policymakers to unveil additional stimulus.
Investors also awaited key inflation readings from the world's largest economies due this week for more clues on the growth and rate outlook.
The benchmark CAC 40 was down 26 points, or 0.4 percent, at 7,293 after ending flat with a positive bias in the previous session.
Banks BNP Paribas, Credit Agricole and Societe Generale fell 2-3 percent after Italy approved 40 percent windfall tax on banks' extra profits, to be applied in 2023.
Automaker Renault fell more than 1 percent on China growth concerns.
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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
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16 phút trước
Australian Market Swings To Modest Gains In Mid-market
The Australian stock market is swinging to modest gains in mid-market moves on Wednesday after opening in the red, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 8,900 level, following the mixed cues from Wall Street overnight, with strong gains in financial stocks partially offset by weakness in mining, energy and technology stocks.
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1h 1phút trước
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Wednesday, following the mixed cues from Wall Street overnight, amid a broad selloff in global technology stocks mirroring a sharp selloff in heavyweight U.S. technology shares on apprehensions that intense enthusiasm surrounding artificial intelligence could be overdone after reports stated that Nvidia is developing a new AI chip for China.
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1h 25phút trước
Sensex, Nifty Set To Open Lower As Tech-led Selloff Hits Asia
Indian shares look set to open lower on Wednesday amid a broad selloff in global technology stocks.
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1h 50phút trước
Losing Streak May Continue For Thai Stock Market
The Thai stock market has finished lower in four straight sessions, slipping more than 40 points or 3.5 percent along the way. The Stock Exchange of Thailand now sits just above the 1,235-point plateau and it may extend its losses again on Wednesday.
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2h 27phút trước
Japanese Market Sharply Lower
The Japanese stock market is trading sharply lower on Wednesday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling well below the 43,000 mark, with weakness in index heavyweights and technology stocks partially offset by gains in automakers and financial stocks.
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2h 49phút trước
Indonesia Stock Market Tipped To Open Under Water
The Indonesia stock market has moved lower in consecutive trading days, falling almost 70 points or 0.9 percent along the way. The Jakarta Composite Index now sits just above the 7,860-point plateau and it's likely to remain stuck in neutral again on Wednesday.
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2h 57phút trước
Australian Market Modestly Lower
Australian shares are trading modestly lower on Wednesday, adding to the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying below the 8,900 level, following the mixed cues from Wall Street overnight, with weakness in mining, energy and technology stocks partially offset by gains in financial stocks.
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3h 7phút trước
