CAC-40 Rises On Corporate Earnings Boost

RTTNews | 824 days ago
Stocktwits
CAC-40 Rises On Corporate Earnings Boost

(RTTNews) - The CAC-40 rallied much ahead of its regional peers amidst upbeat earnings updates. Hopes of a softer pace of rate hikes by the Fed also helped sentiment. The CAC-40 is currently trading at 7,098.71, up 0.78 percent from the previous close. The day's trading has been between 7,078.02 and 7,102.94.

Only 5 among the 40 scrips in the index are trading in negative territory.

Semiconductor maker STMicroelectronics surged 6.8 percent after it reported a big jump in revenues. Thales and Worldline also rallied more than 2 percent.

Pernod Ricard declined more than 2 percent. Essilor Luxottica shed 1.7 percent.

The EUR/USD pair is at 1.0901, down 0.13 percent from the previous close of 1.0915. The Dollar gained, lifting the Dollar Index by 0.09 percent to 101.74.

The ten-year bond yield has increased 1.9 percent to 2.652% versus the previous close of 2.603%.

Stocktwits
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Japan Retail Sales Climb 3.1% On Year In March

Japan Retail Sales Climb 3.1% On Year In March

The value of retail sales in Japan was up 3.1 percent on year in March, the Ministry of Economy, Trade and Industry said on Wednesday - coming in at 14.063 trillion yen.
RTTNews | 15 minutes ago
Japan Industrial Output Sinks 1.1% In March

Japan Industrial Output Sinks 1.1% In March

Industrial production in Japan was down a seasonally adjusted 1.1 percent on month in March, the Ministry of Economy, Trade and Industry said on Wednesday.
RTTNews | 21 minutes ago
Singapore Bourse Expected To Halt Losing Streak On Wednesday

Singapore Bourse Expected To Halt Losing Streak On Wednesday

The Singapore stock market has moved lower in four straight sessions, slumping more than 25 points or 0.7 percent in that span. The Straits Times Index now sits just above the 3,805-point plateau although it's due for support on Wednesday.
RTTNews | 31 minutes ago
Rebound Anticipated For Malaysia Stock Market

Rebound Anticipated For Malaysia Stock Market

The Malaysia stock market on Tuesday snapped the four-day winning streak in which it had gathered more than 35 points or 2.2 percent. The Kuala Lumpur Composite Index now sits just above the 1,515-point plateau although it figures to bounce higher again on Wednesday.
RTTNews | 1h 1min ago
Japan Market May Crack Resistance At 36,000 Points

Japan Market May Crack Resistance At 36,000 Points

Ahead of Tuesday's holiday for Showa Day, the Japanese stock market had finished higher in four straight sessions, collecting almost 1,650 points or 4.6 percent along the way. The Nikkei 225 now sits just beneath the 35,840-point plateau and it's got a solid lead for Wednesday's trade.
RTTNews | 1h 16min ago
Higher Open Predicted For South Korea Shares

Higher Open Predicted For South Korea Shares

The South Korea stock market has moved higher in three straight sessions, collecting more than 40 points or 1.7 percent in that span. The KOSPI now sits just above the 2,565-point plateau and it's expected to open to the upside again on Wednesday.
RTTNews | 1h 31min ago
Japan Data Due On Wednesday

Japan Data Due On Wednesday

Japan is scheduled to release a batch of data on Wednesday, highlighting a busy day for Asia-Pacific economic activity. On tap are March figures for industrial production, retail sales, construction orders and housing starts, as well as February results for the leading and coincident indexes.
RTTNews | 2h 26min ago
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