CAC 40 Drifts Lower Amid Lack Of Major Catalysts
(RTTNews) - French stocks traded lower on Monday and the euro was under pressure in the absence of high-tier data releases.
ECB policymaker Gediminas Simkus said today that rates could get lower than the natural level between 2 percent and 3 percent, if a fall in inflation becomes entrenched.
The benchmark CAC 40 dropped 16 points, or 0.20 percent, to 7,597 after rising 0.4 percent on Friday.
Pharmaceutical company Sanofi was moving lower after it has entered into exclusive negotiations to sell a 50 percent controlling stake in its consumer healthcare business, Opella, to private equity firm CD&R.
Forvia, the world's seventh largest car parts supplier by revenue, jumped nearly 9 percent after beating Q3 sales expectations.
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Sensex, Nifty End Slightly Lower In Volatile Trade
Indian shares ended slightly lower on Monday as investors reacted to mixed earnings results and weighed the possible impact of the U.S. presidential elections on the Indian stock market.
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5h 20min ago
UK House Price Growth Weakens: Rightmove
UK house prices increased at a below seasonal average pace in October due to the rise in buyer choice and increasing seller competition, property website Rightmove said Monday. House prices grew 0.3 percent month-on-month in October, which was much lower than the average seasonal 1.3 percent increase at this time of year. Prices had increased 0.8 percent in September.
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5h 33min ago
European Shares Lack Direction In Cautious Trade
European stocks were little changed on Monday, even as higher commodity prices boosted mining and energy stocks.
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6h 20min ago
FTSE 100 Holds Steady; Mining And Energy Stocks Gain
U.K. stocks were marginally higher on Monday as higher commodity prices boosted mining and energy stocks.
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6h 34min ago
DAX Slips Into Red In Lackluster Trade
German stocks were subdued on Monday as investors looked ahead to a slew of earnings results and more economic data this week for directional cues.
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6h 56min ago
Malaysia GDP Growth Slows In Q3
Malaysia's economy posted a slower growth in the third quarter on a contraction in mining and slower growth in services output, official data revealed Monday. Gross domestic product grew 5.3 percent on a yearly basis in the third quarter after rising 5.9 percent in the previous quarter, advance estimates from Department of Statistics showed.
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7h 3min ago
Asian Shares Mixed After China Rate Cut
Asian stocks turned in a mixed performance on Monday as China's central bank once again cut interest rates and the country's banks slashed borrowing costs to combat the country's stubborn economic slump.
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7h 8min ago
European Shares Poised For Mixed Open
European stocks are likely to open on a mixed note Monday as investors ponder over the health of the U.S. and Chinese economies and await a slew of corporate results for directional cues.
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10h 16min ago
