CAC 40 Up Nearly 2% As Trump Secures Historic Victory

RTTNews | hace 75
CAC 40 Up Nearly 2% As Trump Secures Historic Victory

(RTTNews) - French stocks traded sharply higher on Wednesday as U.S. Republican candidate Donald Trump declared victory after winning crucial swing states and pledged to bring a 'golden age' to the United States.

Speaking to his supporters early today, Trump expressed that this moment would "help this country heal."

Meanwhile, investors shrugged off the results of a survey showing a fall in French business activity in October.

The benchmark CAC 40 jumped 137 points, or 1.9 percent, to 7,544 after gaining half a percent the previous day.

Lender Credit Agricole fell nearly 5 percent after reporting mixed Q3 results as weakness at some of its retail businesses overshadowed record revenues at its investment banking unit.

Peer BNP Paribas rose 1.3 percent and Societe Generale rallied 3.5 percent.

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Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Tuesday, following the positive cues from European markets and lack of cues from Wall Street overnight, as markets reacted positively to US President Donald Trump's decision not to impose China-specific tariffs on his first day in office. However, there were hints from Trump about potential 25 percent tariffs on Canada and Mexico as early as February 1.
RTTNews | hace 5h 40min
Australian Market Halves Early Gains In Mid-market

Australian Market Halves Early Gains In Mid-market

The Australian stock market halved its early gains in mid-market trading on Tuesday, but still extending the gains in the previous session, following the positive cues from European markets. The benchmark S&P/ASX 200 index is moving to near the 8,400.00 level, with gains in mining and financial stocks partially offset by weakness in energy and technology stocks.
RTTNews | hace 6h 15min
Sensex, Nifty Seen Opening Higher In Cautious Trade

Sensex, Nifty Seen Opening Higher In Cautious Trade

Indian shares are seen opening higher on Tuesday as U.S. President Donald Trump did not immediately impose China-specific tariffs as previously promised during his first day in office.
RTTNews | hace 6h 24min
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is trading slightly higher on Tuesday, extending the gains in the previous session, following the broadly positive cues from European markets and lack of cues from Wall Street overnight. The Nikkei 225 is moving up to near the 39,000 mark, with gains some index heavyweights, automakers and technology stocks.
RTTNews | hace 7h 21min
Australian Market Sharply Higher

Australian Market Sharply Higher

The Australian stock market is trading sharply higher on Tuesday, extending the gains in the previous session, following the broadly positive cues from European markets and lack of cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,400 level, with gains across most sectors led by mining, financial and technology stocks.
RTTNews | hace 7h 45min
TSX Ends Higher For 5th Straight Session

TSX Ends Higher For 5th Straight Session

The Canadian market closed higher on Monday, extending gains to a sixth straight session, reacting to news that the Trump administration will hold off on imposing trade tariffs for now.
RTTNews | hace 10h 32min
Canadian Stocks Remain Firmly Positive Despite Paring Some Gains

Canadian Stocks Remain Firmly Positive Despite Paring Some Gains

Despite paring some gains, the Canadian market remains firmly place in positive territory Monday afternoon thanks to sustained buying in several stocks from the energy sector. The mood remains positive amid optimism about some interest rate cuts by the Federal Reserve and a few other central banks this year.
RTTNews | hace 13h 25min
Swiss Market Closes On Firm Note

Swiss Market Closes On Firm Note

Despite a mid-session setback, the Switzerland market closed on a firm note on Monday, in line with markets across Europe, as investors reacted positively to news that the Trump administration would hold off on imposing trade tariffs for now.
RTTNews | hace 14h 23min