CAC 40 Edges Lower In Lackluster Trade
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(RTTNews) - French stocks were slightly lower on Tuesday, with fears about the sustainability of the country's finances back in the spotlight.
Media reports suggest that the executive is mulling a range of plans to reduce the public deficit, including a temporary tax on companies making more than €1 billion per year.
Earlier today, France's manufacturing PMI posted a slight rise in September but still pointed to a downturn in the industrial sector at the end of Q3.
The benchmark CAC 40 was down 0.1 percent at 7,627 after losing 2 percent the previous day.
Eurozone inflation figures along with the U.S. ISM manufacturing PMI and JOLTS job openings data may garner investor attention as the day progresses.
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European Shares Seen Modestly Higher At Open; US CPI Data Eyed
European stocks may see modest gains at open on Wednesday as investors await the U.S. consumer price index (CPI) report for December 2024 later in the day for clues on the path of Federal Reserve policy.
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hace 5h 26min
Sensex, Nifty Modestly Higher Led By PSU Stocks; Financials Drift Lower
Indian shares were slightly higher in early trade on Wednesday after bouncing back from a four-day losing streak the previous day on signs of easing retail inflation in the country.
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hace 6h 13min
Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Wednesday, following the mixed cues from Wall Street overnight, as traders are cautious and reluctant to make more significant moves ahead of a more closely watched report on US consumer price inflation later in the day that could influence the US Fed's rate trajectory. Asian markets closed mostly higher on Tuesday.
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hace 7h 29min
Australian Market Trims Gains In Mid-market
The Australian stock market is trimming its gains in mid-market trading on Wednesday, but expending the gains in the previous session, with the benchmark S&P/ASX 200 index still staying well above the 8,200.00 level, with gains in mining and financial stocks nearly offset by weakness in technology and energy stocks.
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hace 7h 51min
Sensex, Nifty Seen Higher At Open
Indian shares may see modest gains at open on Wednesday despite mixed cues from global markets.
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hace 8h 20min
Thai Stock Market Expected To Open Higher On Wednesday
The Thai stock market has finished lower in two straight sessions, sinking more than 25 points or 2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,340-point plateau although it's due for support on Wednesday.
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hace 8h 51min
Indonesia Bourse May Stop The Bleeding On Wednesday
The Indonesia stock market has finished lower in back-to-back sessions, surrendering more than 130 points or 1.8 percent along the way. The Jakarta Composite Index now sits just above the 6,950-point plateau although it's tipped to open to the upside on Wednesday.
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hace 9h 21min
Additional Support Tipped For Hong Kong Shares
The Hong Kong stock market on Tuesday ended the six-day losing streak in which it had tumbled almost 900 points or 4.7 percent. The Hang Seng Index now sits just beneath the 19,220-point plateau and it may add to its winnings on Wednesday.
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hace 9h 36min