CAC 40 Slides In Cautious Trade
(RTTNews) - French stocks were moving lower in cautious trade on Thursday due to lingering Middle East tensions and ahead of U.S. CPI data due later in the day.
The downside remained capped amid hopes that policymakers will announce more stimulus to revive growth at a press briefing by China's finance ministry on Saturday.
The benchmark CAC 40 was down 21 points, or 0.3 percent, at 7,539 after adding half a percent the previous day.
In corporate news, SCOR SE shares advanced 1.5 percent. The reinsurance giant said it has entered exclusive negotiations with Huyghens de Participations, the holding company of the Albin Michel group, regarding the sale of its stake in Humensis.
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
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10h 11min ago
Eurozone Economic Confidence Rises Unexpectedly
Eurozone economic confidence rose unexpectedly in November on improving sentiment among industrial managers and retailers, survey results from the European Commission revealed on Thursday. The economic confidence index rose slightly to 95.8 in November from 95.7 in the previous month. The score was expected to fall to 95.1.
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11h 2min ago
Sensex Plunges 1,190 Points; Nifty Nears 23,900 On F&O Expiry
Indian shares ended sharply lower on Thursday after a modest start.
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11h 20min ago
European Markets Rebound Led By Technology Stocks
European shares rebounded on Thursday, with technology stocks rising after reports emerged that U.S. restrictions on sales of semiconductor technology and AI memory chips to China would not be as severe as previously expected.
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12h 37min ago
Asian Shares Mixed; Chinese And Hong Kong Markets Underperform
Asian stocks ended mixed in thin cautious trade on Thursday amid the Thanksgiving holiday in the U.S.
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13h 6min ago
Indian Rupee Falls To 6-day Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in the Asian session on Thursday.
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13h 13min ago
European Shares Set To Open On Firm Note
European stocks look set to open higher on Thursday, though trading volumes may remain thin due to the Thanksgiving Day holiday in the U.S.
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16h 10min ago
European Economic News Preview: German Flash Inflation Data Due
Flash consumer prices from Germany and Spain and monetary aggregates from the euro area are due on Thursday. At 3.00 am ET, Spain's INE releases flash consumer prices data for November. Inflation is expected to rise to 2.3 percent from 1.8 percent in October.
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16h 39min ago
