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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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European Shares Seen Opening Up In Cautious Trade
European stocks are likely to open on a steady note Monday after U.S. stocks posted their longest advance in three months on Friday amid signs of easing trade tensions and bets the Federal Reserve will cut interest rates as early as June, as the American economy softens.
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vor 1Std 28 Minuten
Sensex, Nifty Follow Global Peers Higher
Indian shares were trading higher on Monday, tracking firm cues from global markets.
The benchmark S&P/BSE was up 548 points, or 0.7 percent, at 79,760 despite rising tensions between India and Pakistan, triggered by the Pahalgam terror attack.
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vor 2Std 45 Minuten
Australian Market Trims Early Gains In Mid-market
The Australian stock market is trimming its early gains in mid-market trading on Monday, adding to the gains in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 8,000.00 mark, with gains technology, energy and financial stocks partially offset by weakness in mining stocks.
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vor 3Std 43 Minuten
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, on easing global trade tensions amid ongoing tariff talks between the US and some of its partner countries, including China and Japan. There are also hopes for additional stimulus measures in China aimed at offsetting the impact of US tariffs.
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vor 3Std 59 Minuten
Sensex, Nifty May See Volatility As Tensions At Borders Escalate
Indian shares look set to open on a positive note Monday, though volatility is not ruled out as investors react to escalating tensions with Pakistan over Pahalgam attack.
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vor 4Std 34 Minuten
Thai Stock Market May See Additional Support On Monday
The Thai stock market bounced higher again on Friday, one day after ending the two-day winning streak in which it had gained almost 20 points or 1.8 percent. The Stock Exchange of Thailand now sits just beneath the 1,160-point plateau and it's expected to extend open in the green again on Monday.
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vor 5Std 4 Minuten
Japanese Market Significantly Higher
The Japanese stock market is trading significantly higher on Monday, extending the gains in the previous three sessions, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving above the 35,900 level, with gains across most sectors led by automakers and financial stocks. Technology stocks are the only weak spot amid profit booking.
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vor 5Std 27 Minuten
Indonesia Bourse Tipped To Open In The Green
The Indonesia stock market rebounded again on Friday, one day after halting the four-day winning streak in which it had climbed almost 240 points or 3.7 percent. The Jakarta Composite Index now rests just beneath the 6,680-point plateau and it's expected to open higher again on Monday.
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vor 5Std 34 Minuten
