CAC 40 Rises More Than 1% As Stocks Recover From Recent Weakness

RTTNews | 22 시간 42 분 전
CAC 40 Rises More Than 1% As Stocks Recover From Recent Weakness

(RTTNews) - French stocks are up firmly in positive territory a little past noon on Tuesday as buying continues at several counters from across various sectors.

The market eyes France's new prime minister, François Bayrou's speech at parliament.

The benchmark CAC 40 was up 80.68 points or 1.09% at 4,489.32.

Michelin, Societe Generale, Safran, Renault, Credit Agricole, BNP Paribas, Teleperformance, LVMH and Veolia are gaining 2 to 3.4%.

Stellantis, Orange, Pernod Ricard, Carrefour, Essilor, Vinci, Accor, Bouygues, Hermes International and Airbus Group are up 1 to 1.5%.

Unibail Rodamco is declining by nearly 3%. STMicroElectronics, Edenred and Kering are modestly lower.

According to the data released by the government, France's government budget deficit narrowed to EUR 172.49 billion in the January-November period of 2024, down from EUR 197.97 billion in the corresponding period of the previous year.

read more
Asian Markets Mixed Amid Cautious Trades

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.
RTTNews | 7 시간 13 분 전
Australian Market Trims Gains In Mid-market

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.
RTTNews | 7 시간 35 분 전
Thai Stock Market Expected To Open Higher On Wednesday

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.
RTTNews | 8 시간 35 분 전
Indonesia Bourse May Stop The Bleeding On Wednesday

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.
RTTNews | 9 시간 5 분 전
Additional Support Tipped For Hong Kong Shares

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.
RTTNews | 9 시간 20 분 전