CAC 40 Slides As Investors Await Powell's Speech

RTTNews | 580天前
CAC 40 Slides As Investors Await Powell's Speech

(RTTNews) - French stocks were sharply lower on Thursday amid concerns over rising Treasury yields and lingering Middle East tensions.

Bond yield surged in Europe, with Germany's 10-year government bond yield, the benchmark for the euro area, rising 3 basis points (bps) to 2.95 percent ahead of Fed Chair Jerome Powell's speech later in the day.

The benchmark CAC 40 was down 65 points, or 0.9 percent, at 6,900 after declining 0.9 percent on Wednesday.

Carmaker Renault plunged almost 8 percent after currency depreciations in Turkey and Argentina weighed heavily on the pace of sales growth in the third quarter.

Channel tunnel operator Getlink gained about 1 percent after posting a marginal rise in Q3 revenue.

Pernod Ricard soared 5 percent after the spirts maker forecast higher sales in fiscal year 2023-24.

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Lower Open Called For Hong Kong Stock Market

Lower Open Called For Hong Kong Stock Market

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RTTNews | 22分钟前
Australian Market Notably Lower

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RTTNews | 25分钟前
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RTTNews | 37分钟前
Tech Shares May Weigh On Taiwan Stock Market

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RTTNews | 1小时7分钟前
Singapore GDP Climbs 3.9% On Year In Q1

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RTTNews | 1小时33分钟前
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The Singapore stock market has ticked higher in back-to-back sessions, collecting just 6 points or 0.15 percent in that span. The Straits Times Index now sits just above the 3,880-point plateau, although it may spin its wheels on Thursday.
RTTNews | 1小时37分钟前
Japan Core Machinery Orders Surge In March

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RTTNews | 1小时41分钟前
Losing Streak May Continue For Malaysia Stock Market

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The Malaysia stock market has finished lower in five straight sessions, giving up almost 40 points or 2.8 percent along the way. The Kuala Lumpur Composite Index now sits just shy of the 1,545-point plateau and it's expected to open under pressure again on Thursday.
RTTNews | 2小时7分钟前