CAC 40 Slides In Cautious Trade
(RTTNews) - French stocks were moving lower in cautious trade on Thursday due to lingering Middle East tensions and ahead of U.S. CPI data due later in the day.
The downside remained capped amid hopes that policymakers will announce more stimulus to revive growth at a press briefing by China's finance ministry on Saturday.
The benchmark CAC 40 was down 21 points, or 0.3 percent, at 7,539 after adding half a percent the previous day.
In corporate news, SCOR SE shares advanced 1.5 percent. The reinsurance giant said it has entered exclusive negotiations with Huyghens de Participations, the holding company of the Albin Michel group, regarding the sale of its stake in Humensis.
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European Stocks Close Higher
European stocks closed higher on Thursday although the volume of business remained thin in most of the markets in the region due to Thanksgiving holiday in the U.S. Investors digested Germany's consumer price inflation data and tracked corporate news for direction.
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5h 55min ago
South African Rand Off Near 2-week Low Against U.S. Dollar
The South African rand recovered against the U.S. dollar in the New York session on Thursday.
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6h 9min ago
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
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12h 18min ago
Eurozone Economic Confidence Rises Unexpectedly
Eurozone economic confidence rose unexpectedly in November on improving sentiment among industrial managers and retailers, survey results from the European Commission revealed on Thursday. The economic confidence index rose slightly to 95.8 in November from 95.7 in the previous month. The score was expected to fall to 95.1.
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13h 8min ago
Sensex Plunges 1,190 Points; Nifty Nears 23,900 On F&O Expiry
Indian shares ended sharply lower on Thursday after a modest start.
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13h 27min ago
European Markets Rebound Led By Technology Stocks
European shares rebounded on Thursday, with technology stocks rising after reports emerged that U.S. restrictions on sales of semiconductor technology and AI memory chips to China would not be as severe as previously expected.
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14h 43min ago
Asian Shares Mixed; Chinese And Hong Kong Markets Underperform
Asian stocks ended mixed in thin cautious trade on Thursday amid the Thanksgiving holiday in the U.S.
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15h 12min ago
Indian Rupee Falls To 6-day Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in the Asian session on Thursday.
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15h 20min ago
