CAC 40 Gains Ahead Of ECB Rate Decision; Publicis Shares Jump Over 4%

RTTNews | 103 일 전
CAC 40 Gains Ahead Of ECB Rate Decision; Publicis Shares Jump Over 4%

(RTTNews) - French stocks were moving higher on Thursday ahead of a European Central Bank (ECB) policy meeting later in the day.

The ECB is all but certain to keep interest rates steady but may open the door open for a September rate cut.

The benchmark CAC 40 was up 29 points, or 0.4 percent, at 7,600 after closing 0.1 percent lower the previous day.

Automaker Renault rose about 1 percent after industry data showed new car sales in the EU recovered strongly in June, driven by gains in three out of the region's four major markets.

New car registrations rose 4.3 percent year-over-year to 1.089 million units in June, reversing a 3.0 percent fall in May.

Publicis Groupe jumped 4.5 percent. The advertising group raised its organic growth target for 2024 after reporting better than expected results for the first half of the year.

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Rally May Stall For Hong Kong Stock Market

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The Hong Kong stock market has moved higher in three straight sessions, gathering more than 200 points or 0.9 percent along the way. The Hang Seng Index now sits just above the 20,700-point plateau although it may be stuck in neutral on Wednesday.
RTTNews | 4 시간 9 분 전
China Stock Market May Reverse Tuesday's Losses

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RTTNews | 4 시간 24 분 전
Australia Inflation Adds 0.2% On Quarter In Q3

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RTTNews | 4 시간 42 분 전
Tech Shares May Lift Taiwan Stock Market

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RTTNews | 4 시간 54 분 전
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RTTNews | 5 시간 24 분 전
Little Movement Expected For Malaysia Stock Market

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RTTNews | 5 시간 54 분 전
KOSPI May Run Out Of Steam On Wednesday

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RTTNews | 6 시간 24 분 전
TSX Ends Slightly Down After Cautious Session

TSX Ends Slightly Down After Cautious Session

After a weak start and a subsequent modest upmove, the Canadian market retreated Tuesday morning and spent the rest of the day's session in negative territory as investors digested quarterly earnings updates from Canadian and U.S. companies and awaited some crucial economic data for directional cues.
RTTNews | 7 시간 17 분 전