CAC 40 Rallies Ahead Of Second Round Of Voting

RTTNews | 121 days ago
CAC 40 Rallies Ahead Of Second Round Of Voting

(RTTNews) - French stocks were sharply higher on Wednesday as focus shifted to Sunday runoff election.

Over 200 candidates withdraw from France's runoff election to block far-right, as Macron and left-wing coalition unite.

Marine Le Pen said that the National Rally would still try and form a government even if they failed to achieve an overall majority.

The benchmark CAC 40 was up 76 points, or 1 percent, at 7,614 after ending 0.3 percent lower the previous day.

In corporate news, aerospace major Airbus jumped more than 2 percent after it received a $24 billion order from Philippines' budget airline operator Cebu Air Inc. for up to 152 A321neo aircraft.

Sanofi edged down slightly despite receiving approval from the EU Commission for Dupixent to treat chronic obstructive pulmonary disease.

read more
Bay Street Likely To Open On Firm Note

Bay Street Likely To Open On Firm Note

Higher crude oil and bullion prices, and strong European stocks points to a firm start for the Canadian market Friday morning. The focus will be on U.S. non-farm payroll data, which is likely to provide some clues about the Federal Reserve's interest rate move next week.
RTTNews | 4h 9min ago
UK Manufacturing Contracts For First Time Since April

UK Manufacturing Contracts For First Time Since April

The UK factory activity contracted for the first time since April as manufacturers adopted a wait-and-see approach on investment and spending ahead of the budget announcement, final data from S&P Global showed on Friday. The manufacturing Purchasing Managers' Index posted 49.9 in October, down from 51.5 in September.
RTTNews | 4h 56min ago
European Shares Gain Before US Jobs Data

European Shares Gain Before US Jobs Data

European stocks traded higher on Friday ahead of the release of U.S. non-farm payroll report later in the day and next week's U.S. presidential election.
RTTNews | 7h 1min ago
FTSE 100 Rises As House Price Growth Slows

FTSE 100 Rises As House Price Growth Slows

U.K. stocks rose on Friday and the pound was steady as data showed house price inflation in the U.K. eased for the first time in six months in October.
RTTNews | 7h 14min ago
Asian Shares Retreat Despite Positive China Data

Asian Shares Retreat Despite Positive China Data

Asian stocks ended mostly lower on Friday, even as Hong Kong markets edged up after the release of positive readings on Chinese manufacturing activity and home sales.
RTTNews | 7h 57min ago
NZ Dollar Rises As China Manufacturing Activity Returns To Growth

NZ Dollar Rises As China Manufacturing Activity Returns To Growth

The New Zealand dollar strengthened against other major currencies in the Asian session on Friday, after China's manufacturing activity returned to growth in October as companies ramped up production and purchasing to meet higher demand amid improving confidence.
RTTNews | 10h 45min ago