CAC 40 Inches Higher On China Demand Hopes

RTTNews | 941 ngày trước
CAC 40 Inches Higher On China Demand Hopes

(RTTNews) - French stocks were moving higher on Thursday amid optimism that cooling U.S. inflation would help reduce pressure for aggressive rate hikes from the Federal Reserve.

The dollar held steady and Treasury yields dipped amid bets on further softening of U.S. consumer inflation in December.

Hopes for a pickup in Chinese demand also underpinned sentiment, with upcoming Lunar New Year holidays likely to boost short-term demand.

The benchmark CAC 40 was up 41 points, or 0.6 percent, at 6,965 after rising 0.8 percent the previous day.

China-sensitive Kering rose over 1 percent on optimism over improvement in consumer demand.

Asian markets ended on a muted note earlier in the day while U.S. stock futures were slightly lower in pre-market trading.

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Indonesia Bourse May Add To Its Winnings On Monday

Indonesia Bourse May Add To Its Winnings On Monday

The Indonesia stock market on Friday snapped the two-day slide in which it had slipped more than 25 points or 0.3 percent. The Jakarta Composite Index now sits just above the 7,530-point plateau and it may extend its gains on Monday.
RTTNews | 28 phút trước
Higher Open Called For Hong Kong Stock Market

Higher Open Called For Hong Kong Stock Market

The Hong Kong stock market on Friday wrote a finish to the four-day winning streak in which it had rallied more than 570 points or 2.4 percent. The Hang Seng Index now rests just above the 24,850-point plateau although it may bounce higher again on Monday.
RTTNews | 43 phút trước
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is modestly higher on Monday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,800.00 level, with gains in iron ore miners, energy and financial stocks partially offset by weakness in gold miners and technology stocks.
RTTNews | 44 phút trước
Mild Upside Seen For China Stock Market

Mild Upside Seen For China Stock Market

The China stock market on Friday halted the four-day winning streak in which it had gathered almost 80 points or 2.4 percent. The Shanghai Composite Index now sits just above the 3,635-point plateau although it may tick higher again on Monday.
RTTNews | 58 phút trước
Taiwan Bourse May Extend Winning Streak

Taiwan Bourse May Extend Winning Streak

The Taiwan stock market has moved higher in two straight sessions, rallying more than 570 points or 2.4 percent along the way. The Taiwan Stock Exchange now sits just above the 24,020-point plateau and it may add to its winnings again on Monday.
RTTNews | 1h 28phút trước
Singapore Stock Market May Erase Friday's Losses

Singapore Stock Market May Erase Friday's Losses

The Singapore stock market on Friday ended the four-day winning streak in which it had gathered more than 100 points or 2.4 percent. The Straits Times Index now sits just beneath the 4,240-point plateau although it's likely to find renewed support on Monday.
RTTNews | 1h 58phút trước
Additional Support Predicted For Malaysia Stock Market

Additional Support Predicted For Malaysia Stock Market

The Malaysia stock market has moved higher in four straight sessions, collecting almost 30 points or 2 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,555-point plateau and it's got another green light for Monday's trade.
RTTNews | 2h 28phút trước
Rebound Anticipated For South Korea Stock Market

Rebound Anticipated For South Korea Stock Market

The South Korea stock market on Friday wrote a finish to the four-day winning streak in which it had jumped almost 110 points or 3.6 percent. The KOSPI now sits just above the 3,210-point plateau although it may bounce higher again on Monday.
RTTNews | 2h 58phút trước