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CAC 40 Gains As Inflation Slows
(RTTNews) - French stocks advanced on Wednesday as data showed inflation in the country unexpectedly slowed in December from a record high in the previous month.
France's EU-harmonized inflation rate fell to 6.7 percent in December from 7.1 percent in November, INSEE said.
Meanwhile the final purchasing managers index (PMI) for France's services sector rose to 49.5 points in December, slightly up from 49.3 points in November.
The benchmark CAC 40 jumped 93 points, or 1.4 percent, to 6,712 after rising 0.4 percent on Tuesday.
Sanofi shares rose half a percent. The healthcare firm said it expects a boost from foreign exchange movements and flu vaccine sales in its fourth-quarterly results, due to be published next month.
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Japan Industrial Output Sinks 1.1% In March
Industrial production in Japan was down a seasonally adjusted 1.1 percent on month in March, the Ministry of Economy, Trade and Industry said on Wednesday.
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16 मिनटों पहले
Singapore Bourse Expected To Halt Losing Streak On Wednesday
The Singapore stock market has moved lower in four straight sessions, slumping more than 25 points or 0.7 percent in that span. The Straits Times Index now sits just above the 3,805-point plateau although it's due for support on Wednesday.
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26 मिनटों पहले
Rebound Anticipated For Malaysia Stock Market
The Malaysia stock market on Tuesday snapped the four-day winning streak in which it had gathered more than 35 points or 2.2 percent. The Kuala Lumpur Composite Index now sits just above the 1,515-point plateau although it figures to bounce higher again on Wednesday.
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Japan Market May Crack Resistance At 36,000 Points
Ahead of Tuesday's holiday for Showa Day, the Japanese stock market had finished higher in four straight sessions, collecting almost 1,650 points or 4.6 percent along the way. The Nikkei 225 now sits just beneath the 35,840-point plateau and it's got a solid lead for Wednesday's trade.
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1घंटे 11 मिनट पहले
South Korea Industrial Output Jumps 5.3% On Year In March
Industrial production in South Korea was up 5.3 percent on year in March, Statistics Korea said on Wednesday - beating forecasts for a gain of 3.3 percent following the 7.1 percent jump in February.
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1घंटे 16 मिनट पहले
Higher Open Predicted For South Korea Shares
The South Korea stock market has moved higher in three straight sessions, collecting more than 40 points or 1.7 percent in that span. The KOSPI now sits just above the 2,565-point plateau and it's expected to open to the upside again on Wednesday.
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1घंटे 26 मिनट पहले
Japan Data Due On Wednesday
Japan is scheduled to release a batch of data on Wednesday, highlighting a busy day for Asia-Pacific economic activity. On tap are March figures for industrial production, retail sales, construction orders and housing starts, as well as February results for the leading and coincident indexes.
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2घंटे 21 मिनट पहले
Swiss Franc Recovers Against Most Majors
The Swiss franc recovered against its most major counterparts in the New York session on Tuesday.
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4घंटे 44 मिनट पहले
