CAC 40 Little Changed As Geopolitical Tensions Ease

RTTNews | 805 days ago
CAC 40 Little Changed As Geopolitical Tensions Ease

(RTTNews) - French stocks were largely steady on Thursday, as concerns over geopolitical tensions eased and the focus returned to rising numbers of COVID-19 cases in China.

The benchmark CAC 40 was marginally higher at 6,608 after declining half a percent the previous day.

Automaker Renault rose 0.6 percent after industry data showed Europe's new car registrations increased for the third straight month in October.

New passenger car registrations logged a double-digit annual growth of 12.2 percent in October, faster than September's 9.6 percent increase.

Bouygues tumbled nearly 4 percent. The construction and media conglomerate confirmed its forecasts for sales and profitability in 2022 after reporting higher sales in the first nine months of the year.

However, net profit attributable to the group dropped to 537 million euros from 807 million euros last year.

read more
European Economic News Preview: ECB Monetary Policy Decision Due

European Economic News Preview: ECB Monetary Policy Decision Due

The monetary policy announcement from the European Central Bank and preliminary GDP data from the major euro area economies are due on Thursday, headlining a hectic day for the European economic news. At 1.30 am ET, France's statistical office INSEE publishes flash GDP and consumer spending data. The economy is expected to remain flat sequentially in the fourth quarter after rising 0.4 percent in
RTTNews | 5h 46min ago
European Shares Seen Broadly Higher At Open

European Shares Seen Broadly Higher At Open

European stocks are likely to open broadly higher on Thursday, though U.K. markets may open on a subdued note as oil extended overnight losses amid a lack of clarity on U.S. President Trump's tariff policies, especially on Canada and Mexico, the two largest suppliers of crude oil to United States.
RTTNews | 5h 47min ago
Sensex, Nifty Marginally Higher In Lackluster Trade

Sensex, Nifty Marginally Higher In Lackluster Trade

Indian shares were flat to slightly higher on Thursday as investors reacted to a hawkish Fed policy statement and awaited cues from upcoming Union Budget this weekend and next week's MPC meeting.
RTTNews | 7h 5min ago
Asian Markets Mixed In Thin Holiday Trades

Asian Markets Mixed In Thin Holiday Trades

Asian stock markets are trading mixed on Thursday, following the broadly negative cues from Wall Street overnight, after the US Fed left interest rates unchanged and noted inflation remains "somewhat elevated. Traders react to a hawkish Fed policy statement. The mood remained cautious on concerns about the U.S. administration's tariff threats, and uncertainty on its trade and economic policies.
RTTNews | 8h 14min ago
Australian Market Extends Gains In Mid-market

Australian Market Extends Gains In Mid-market

The Australian market in extending its early gains in mid-market moves on Thursday, adding to the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is above the 8,500 level, with gains across most sectors led by mining, energy and financial stocks.
RTTNews | 8h 48min ago
Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares look set to open on a muted note Thursday as investors react to a hawkish Fed policy statement and a mixed set of earnings results from the likes of Tata Motors and Bajaj Finance.
RTTNews | 8h 58min ago
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese market is modestly lower on Thursday, reversing the gains in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling to stay a tad above the 39,300 level, with weakness in some index heavyweights and financial stocks partially offset by gains in technology stocks.
RTTNews | 10h 8min ago
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian market is trading modestly higher on Thursday, extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,450 level, with gains across most sectors led by mining and energy stocks.
RTTNews | 10h 29min ago