CAC 40 Slides In Cautious Trade
(RTTNews) - French stocks were moving lower in cautious trade on Thursday due to lingering Middle East tensions and ahead of U.S. CPI data due later in the day.
The downside remained capped amid hopes that policymakers will announce more stimulus to revive growth at a press briefing by China's finance ministry on Saturday.
The benchmark CAC 40 was down 21 points, or 0.3 percent, at 7,539 after adding half a percent the previous day.
In corporate news, SCOR SE shares advanced 1.5 percent. The reinsurance giant said it has entered exclusive negotiations with Huyghens de Participations, the holding company of the Albin Michel group, regarding the sale of its stake in Humensis.
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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as markets continued to benefit from optimism about the outlook for interest rates following the release of the latest US inflation data. Asian Markets closed mostly lower on Wednesday.
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4h 59min atrás
Japanese Market Notably Lower
Adding to the losses in the previous session, the Japanese stock market is notably lower on Thursday after opening in the green, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 39,000 mark, with weakness in exporters and technology stocks partially offset by gains in automakers and financial stocks.
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5h 52min atrás
Sensex, Nifty Seen Slightly Higher With Earnings In Focus
Indian shares may trade in a range on Thursday as investors await earnings results from prominent companies including Axis Bank, Infosys, Wipro, Nestle India, LTIMindtree and Tata Chemicals for direction.
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5h 56min atrás
Thai Bourse May Test Resistance At 1,500 Points
The Thai stock market bounced higher again on Wednesday, one day after ending the four-day winning streak in which it had improved almost 20 points or 1.4 percent. The Stock Exchange of Thailand now rests just above the 1,485-point plateau and it's expected to open to the upside again on Thursday.
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6h 27min atrás
Win Streak Nay Continue For Indonesia Stock Market
The Indonesia stock market has tracked higher in four straight sessions, climbing more than 160 points or 2.2 percent along the way. The Jakarta Composite Index now rests just beneath the 7,650-point plateau and it may add to its winnings again on Thursday.
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6h 57min atrás
Australian Market Significantly Higher
The Australian market is trading significantly higher on Thursday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,300 level to fresh all-time highs, with gains in energy and financial stocks as well as some mining and technology stocks.
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7h 6min atrás
Hong Kong Stock Market Tipped To End Losing Streak
The Hong Kong stock market has moved lower in three straight sessions, stumbling almost 880 points or 4.2 percent along the way. The Hang Seng Index now sits just shy of the 20,290-point plateau although it's due for support on Thursday.
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7h 12min atrás
Higher Open Anticipated For China Stock Market
The China stock market has alternated between positive and negative finishes through the last six trading days since the end of the 10-day winning streak in which it had skyrocketed more than 780 points or 27.9 percent. The Shanghai Composite now sits just above the 3,200-point plateau and it may tick higher again on Thursday.
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7h 27min atrás
