CAC 40 Little Changed As Investors Await Fed Decision

RTTNews | 34 days ago
Stocktwits
CAC 40 Little Changed As Investors Await Fed Decision

(RTTNews) - French stocks were steady on Monday as investors remained cautious ahead of an expected Federal Reserve interest-rate cut this week. The main debate is should the Fed go in with a 50-bps cut or stick to a 25-bps cut.

The benchmark CAC 40 was marginally higher at 7,471 after rising 0.4 percent on Friday.

Ipsen SA jumped 5.5 percent. The drug maker has cancelled plans to commercialize a treatment for prostate cancer after a late-stage trial stopped short of reaching its main goals.

Electrical supplies distributor Rexel soared 10 percent after saying it had rejected an unsolicited preliminary bid from billionaire Brad Jacobs-led QXO.

Vallourec SA was moving lower. The seamless tubular solutions company has agreed to acquire Thermotite do Brasil Ltda. a provider of thermal insulation pipe coating services for the offshore oil and gas industry, from Mattr Corp. (MATR.TO) for $17.5 million, on a cash-free, debt-free basis.

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Overbought Jakarta Market Nonetheless Called Higher Again On Monday

Overbought Jakarta Market Nonetheless Called Higher Again On Monday

The Indonesia stock market has tracked higher in six straight sessions, climbing more than 275 points or 3.7 percent along the way. The Jakarta Composite Index now rests just above the 7,760-point plateau and it's got a firm lead again for Monday's trade.
RTTNews | 4h 10min ago
Hong Kong Stock Market Tipped To Open In The Green

Hong Kong Stock Market Tipped To Open In The Green

The Hong Kong stock market on Friday halted the four-day losing streak in which it had stumbled almost 1,100 points or 5.2 percent. The Hang Seng Index now sits just above the 20,800-point plateau and it may see additional support on Monday.
RTTNews | 4h 25min ago
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is currently trading notably higher on Monday, reversing the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,300.00 level, with gains across most sectors led by gold miner stock and technology stocks.
RTTNews | 4h 27min ago
Continued Volatility Likely For China Stock Market

Continued Volatility Likely For China Stock Market

The China stock market has alternated between positive and negative finishes through the last eight trading days since the end of the 10-day winning streak in which it had skyrocketed more than 780 points or 27.9 percent. The Shanghai Composite now sits just beneath the 3,260-point plateau and it's expected to at least open to the upside again on Monday.
RTTNews | 4h 40min ago
Taiwan Stock Market May Extend Its Gains

Taiwan Stock Market May Extend Its Gains

The Taiwan stock market has climbed higher in two straight sessions, advancing more than 475 points or 2.1 percent along the way. The Taiwan Stock Exchange now rests just beneath the 23,490-point plateau and it's tipped to open in the green again on Monday.
RTTNews | 5h 10min ago
Win Streak May Continue For Singapore Stock Market

Win Streak May Continue For Singapore Stock Market

The Singapore stock market has finished higher in consecutive trading days, advancing almost 50 points or 1.4 percent along the way. The Straits Times Index now sits just above the 3,640-point plateau and it may add to its winnings on Monday.
RTTNews | 5h 40min ago
Malaysia Stock Market May See Additional Support On Monday

Malaysia Stock Market May See Additional Support On Monday

The Malaysia stock market has moved higher in back-to-back sessions, collecting almost 15 points or 0.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,645-point plateau and it may extend its gains on Monday.
RTTNews | 6h 10min ago
KOSPI Tipped To End Losing Streak On Monday

KOSPI Tipped To End Losing Streak On Monday

The South Korea stock market has moved lower in three straight sessions, shedding almost 40 points or 1.6 percent along the way. The KOSPI now sits just above the 2,590-point plateau although it may stop the bleeding on Monday,
RTTNews | 6h 40min ago
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