CAC 40 Gains In Cautious Trade
(RTTNews) - French stocks rose on Tuesday after recent string of losses on concerns over a combination of interest-rate, currency and economic risks.
The euro rose and the British pound stabilized after the Bank of England vowed it "will not hesitate" to change interest rates by as much as needed, intending to reassure markets unnerved by last Friday's budget.
The benchmark CAC 40 edged up 34 points, or 0.6 percent, to 5,802 after closing 0.2 percent lower on Monday.
Economy-sensitive automakers were on the rise, with Renault climbing 1.5 percent.
Travel related stocks also gained ground, with Franco-Dutch airline Air France KLM rising 1.2 percent.
Banks traded mixed as Eurozone bond yields hit multi-year highs.
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Thai Shares Tipped To Open In The Green
The Thai stock market on Wednesday ended the two-day losing streak in which it had fallen more than 25 points or 2 percent. The Stock Exchange of Thailand now sits just above the 1,350-point plateau and it's expected to open to the upside again on Thursday.
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5h 44min ago
Indonesia Stock Market May Add To Its Winnings
The Indonesia stock market on Wednesday ended the two-day slide in which it had slumped more than 130 points or 1.8 percent. The Jakarta Composite Index now sits just beneath the 7,080-point plateau and it may extend its gains on Thursday.
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6h 14min ago
Further Upside Seen For Hong Kong Stock Market
The Hong Kong stock market has moved higher in consecutive trading days, collecting more than 400 points or 2.1 percent along the way. The Hang Seng Index now sits just beneath the 19,300-point plateau and it may add to its winnings on Thursday.
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6h 29min ago
Japanese Market Significantly Higher
The Japanese stock market is significantly higher on Thursday, snapping a five-session losing streak, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 39,700 level, with gains across most sectors led by index heavyweights and technology stocks.
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6h 32min ago
Rebound Predicted For China Stock Market
The China stock market turned lower again on Wednesday, one day after snapping 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 3,225-point plateau although it's likely to move back to the upside on Thursday.
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6h 44min ago
Australian Market Sharply Higher
The Australian stock market is trading sharply higher on Thursday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,300 level, with gains across most sectors led by technology and financial stocks.
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6h 51min ago
TSX Ends Notably Higher; Technology Stocks Move Up
The Canadian market closed on a bright note on Wednesday after holding firm right through the day's session, thanks to strong gains in technology, real estate, financials and healthcare sectors.
Investors reacted positively to U.S. consumer price inflation data.
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7h 1min ago
Australia Jobless Rate Climbs To 4.0% In December
The unemployment rate in Australia came in at a seasonally adjusted 4.0 percent in December, the Australian Bureau of Statistics said on Thursday - in line with expectations and up from 3.9 percent in November.
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7h 3min ago
