CAC 40 Slides On Earnings

RTTNews | 92 दिनों पहले
CAC 40 Slides On Earnings

(RTTNews) - French stocks traded lower on Wednesday, with weak earnings and caution ahead of a European Central Bank (ECB) policy meeting on Thursday denting investor sentiment.

The ECB is likely to deliver another interest rate cut after recent data signaled continued weakness in the euro zone economy.

The benchmark CAC 40 was down 46 points, or 0.6 percent, at 7,476 after declining 1.1 percent in the previous session.

LVMH slumped 4 percent after sales of fashion and leather goods unexpectedly fell at its biggest unit for the first time since 2020.

Peer Kering dropped 2.3 percent and Hermes International gave up 1.7 percent.

Rexel SA plunged 4.6 percent. The distributor of electrical supplies cut its 2024 outlook due to negative trading environment in Europe.

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Soft Start Anticipated For China Stock Market

Soft Start Anticipated For China Stock Market

The China stock market has moved higher in two of three trading days since the end of the three-day losing streak in which it had retreated almost 70 points or 2.3 percent. The Shanghai Composite Index now sits just above the 3,235-point plateau although it's likely to move back to the downside on Friday.
RTTNews | 5घंटे 6 मिनट पहले
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is slightly lower on Friday, reversing the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 8,300 level, with a mixed performance in most sectors. Financial and technology stocks were mostly weak, partially offset by gains in gold miners and energy stocks.
RTTNews | 5घंटे 7 मिनट पहले
Tech Shares May Drag Taiwan Shares Into The Red

Tech Shares May Drag Taiwan Shares Into The Red

The Taiwan stock market has finished higher in two of three trading days since the end of the four-day losing streak in which it had stumbled more than 1,150 points or 4.3 percent. The Taiwan Stock Exchange now rests just above the 23,025-point plateau although it's expected to open under pressure on Friday.
RTTNews | 5घंटे 36 मिनट पहले
Singapore Bourse May Hand Back Thursday's Gains

Singapore Bourse May Hand Back Thursday's Gains

The Singapore stock market on Thursday wrote a finish to the five-day losing streak in which it had stumbled almost 115 points or 3 percent. The Straits Tines Index now rests just above the 3,800-point plateau although it may face renewed selling pressure on Friday.
RTTNews | 6घंटे 6 मिनट पहले
Losing Streak May Continue For Malaysia Stock Market

Losing Streak May Continue For Malaysia Stock Market

The Malaysia stock market has finished lower in four straight sessions, slipping almost 50 points or 2.6 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,555-point plateau and it may take further damage again on Friday.
RTTNews | 6घंटे 36 मिनट पहले
Japan Stock Market May See Renewed Consolidation

Japan Stock Market May See Renewed Consolidation

The Japanese stock market on Thursday ended the five-day losing streak in which it had plummeted more than 1,630 points or 4.3 percent. The Nikkei 225 now rests just above the 38,570-point plateau although it may hand back those gains on Friday.
RTTNews | 6घंटे 51 मिनट पहले
South Korea Shares Likely To Remain Rangebound

South Korea Shares Likely To Remain Rangebound

The South Korea stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen almost 35 points or 1.4 percent. The KOSPI now sits just above the 2,525-point plateau although it figures to head south again on Friday.
RTTNews | 7घंटे 6 मिनट पहले
China Data On Tap For Friday

China Data On Tap For Friday

China is scheduled to release a batch of data on Friday, headlining a modest day for Asia-Pacific economic activity. On tap are Q4 numbers for GDP and December figures for industrial production, retail sales, fixed asset investment and unemployment.
RTTNews | 7घंटे 36 मिनट पहले