CAC 40 Rises On China Optimism
(RTTNews) - French stocks rose notably on Monday after China's top leaders said they will focus on boosting the economy next year.
While more concrete policies are expected in March, the main tools for growth will be fiscal stimulus and stable monetary policies, state media quoted a senior Chinese Communist Party official as saying on Saturday.
Investors also reacted positively to the latest survey results showing that a measure of German business sentiment increased for a third straight month in December.
The Ifo business-climate index rose to 88.6 from a revised 86.4 in November.
The benchmark CAC 40 was up 41 points, or 0.6 percent, at 6,493 after closing 1.1 percent lower on Friday.
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Singapore Bourse May Extend Monday's Losses
The Singapore stock market on Monday snapped the two-day winning streak in which it had collected almost 60 points or 1.6 percent. The Straits Times Index now sits just above the 3,825-point plateau and it's looking at another soft start again on Tuesday.
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Před 5 h 6 min
Malaysia Stock Market Tipped To Open In The Red
The Malaysia stock market headed south again on Monday, one session after ending the four-day losing streak in which it had retreated more than 35 points or 2.1 percent. The Kuala Lumpur Composite Index now rests just above the 1,550-point plateau and the losses may accelerate on Tuesday.
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Před 5 h 36 min
Soft Start Called For Oversold Japan Stock Market
The Japanese stock market on Monday ended the three-day winning streak in which it had gained almost 550 points or 1.4 percent. The Nikkei 225 now sits just above the 38,520-point plateau
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Před 5 h 51 min
Losing Streak May Continue For South Korea Shares
The South Korea stock market has finished lower in back-to-back sessions, stumbling more than 80 points or 3.1 percent in that span. The KOSPI now rests just above the 2,450-point plateau and it figures to open in the red again on Tuesday.
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Před 6 h 12 min
TSX Recovers From Day's Lows, But Still Ends 1.1% Down
The Canadian market suffered a severe setback in early trades on Monday following a big sell-off as U.S. President Donald Trump slapped a 25% import tariff on all Canadian goods except energy products.
Despite coming off early lows, the market ended the day's session on a weak note.
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Před 6 h 29 min
Japan Monetary Base Data Due On Tuesday
Japan will on Monday release January numbers for monetary base, highlighting a light day for Asia-Pacific economic activity.
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Před 6 h 36 min
New Zealand Building Consents Sink 5.6% In December
The total number of building permits issued in New Zealand in December was down a seasonally adjusted 5.6 percent on month in December, Statistics New Zealand said on Tuesday - coming in at 2,478.
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Před 7 h 7 min
Gold Futures Settle Moderately Higher On Safe-haven Buying
Gold futures settled moderately higher on Monday as prices recovered from early lows, with investors picking up the safe-haven commodity amid fears of a prolonged trade war after U.S. President imposed tariffs on Canada, Mexico and China and warned that the EU and the UK could be the next targets for the levy.
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Před 9 h 6 min
