CAC 40 Dips As Investors Weigh Political Risk
(RTTNews) - French stocks traded slightly lower on Wednesday as investors watched the latest political developments in the country.
The risk premium on French bonds held steady despite lingering worries about the country's debt path and fiscal situation.
National Rally leader Jordan Bardella said he will not become prime minister if his party doesn't get a resounding victory in France's snap election.
Polls indicate Marine Le Pen's party is best placed to become the largest group in the National Assembly, but projections show the party is set to fall short of an outright majority.
The benchmark CAC 40 was down 33 points, or 0.4 percent, at 7,596 after gaining 0.8 percent in the previous session.
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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as traders seemed reluctant to make more significant moves amid what is likely to be a quiet week due to the Christmas Day holidays. Optimism about more interest rate cuts by the U.S. Fed next year is aiding market sentiment. Asian markets closed mostly higher on Monday.
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5h 4min ago
Australian Market Extends Gains In Mid-market
The Australian stock market is extending its gains in mid-market trading on Tuesday, continuing to add to the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying a tad above the 8,200 level, with stocks across sectors trading mixed amid a lack of direction ahead of the Christmas holidays.
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5h 45min ago
Sensex, Nifty Set To Open Higher On Firm Global Cues
Indian shares may move in a tight range on Tuesday ahead of a market holiday on Wednesday for Christmas.
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5h 56min ago
Japanese Market Modestly Lower
The Japanese stock market is trading modestly lower on Tuesday, reversing the gains in the previous session, with the Nikkei 225 falling to be a tad above the 39,000 mark, despite the broadly positive cues from Wall Street overnight, with weakness in index heavyweights and some exporter stocks.
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6h 6min ago
Thai Bourse May Reclaim 1.400-Point Level
The Thai stock market on Monday wrote a finish to the two-day slide in which it had stumbled almost 35 points or 2.8 percent. The Stock Exchange of Thailand now sits just above the 1,385-point plateau and it may extend its gains on Tuesday.
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6h 22min ago
Australian Market Slightly Higher
The Australian stock market is trading slightly higher in choppy trading on Tuesday, extending the sharp gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying a tad above the 8,200 level, with stocks across sectors trading mixed amid a lack of direction ahead of the Christmas holidays.
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6h 33min ago
Win Streak May Continue For Indonesia Stock Market
The Indonesia stock market has climbed higher in two straight sessions, collecting almost 120 points or 1.7 percent along the way. The Jakarta Composite Index now rests just beneath the 7,100-point plateau and it may open higher again on Tuesday.
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6h 52min ago
Hong Kong Shares May See Additional Support On Tuesday
The Hong Kong stock market on Monday ended the two-day slide in which it had fallen more than 140 points or 0.7 percent. The Hang Seng Index now rests just above the 19,880-point plateau and it's called higher again on Tuesday.
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7h 7min ago
