CAC 40 Up Sharply On Trump's Tariff Pause Announcement

RTTNews | 7 days ago
Stocktwits
CAC 40 Up Sharply On Trump's Tariff Pause Announcement

(RTTNews) - French stocks are high up in positive territory on Thursday with U.S. President Donald Trump's announcement of a 90-day suspension of reciprocal tariffs for most trading partners, excluding China, buoying up sentiment and prompting investors to indulge in hectic buying across the board.

European Commission President Ursula von der Leyen welcomed Trump's move and said the halt on reciprocal tariffs is "an important step towards stabilizing the global economy. Clear, predictable conditions are essential for trade and supply chains to function."

The benchmark CAC 40, which soared about 521 points to 7,384.47 earlier in the session, was up 347.06 points or 5.06% at 7,210.08 a few minutes ago.

Publicis Groupe is soaring nearly 10%. STMicroElectronics is surging 9.5%, while Saint Gobain, Stellantis, BNP Paribas and Societe Generale are up 8 to 9%.

Unibail Rodamco, Safran, ArcelorMittal, Accor, Essilor, Kering, Airbus, AXA, Dassault Systemes, LVMH, Teleperformance, Capgemini, Schneider Electric and Credit Agricole are gaining 5 to 7%.

Veolia Environment, Edenred, Air Liquide, TotalEnergies, Hermes International, Renault, L'Oreal, Vinci, Pernod Ricard, Sanofi, Legrand, Bureau Veritas, Carrefour, Michelin and Bouygues are also up sharply.

Stocktwits
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Lower Open Called For Thai Stock Market

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in back-to-back sessions, adding more than a dozen points or 1 percent in that span. The Stock Exchange of Thailand now sits just above the 1,140-point plateau, although it's expected to open in the red on Friday.
RTTNews | 5h 5min ago
China Shares Overdue For Consolidation On Friday

China Shares Overdue For Consolidation On Friday

The China stock market has finished higher in eight straight sessions, rallying more than 180 points or 5.9 percent in that span. The Shanghai Composite Index now rests just above the 3,280-point plateau, although investors may lock in gains on Friday.
RTTNews | 5h 35min ago
Taiwan Stock Market May Extend Losing Streak

Taiwan Stock Market May Extend Losing Streak

The Taiwan stock market has finished lower in two straight sessions, shedding almost 520 points or 2.6 percent along the way. The Taiwan stock market now rests just shy of the 19,340-point plateau and it may take further damage again on Friday.
RTTNews | 6h 10min ago
Malaysia Bourse May Hand Back Thursday's Gains

Malaysia Bourse May Hand Back Thursday's Gains

The Malaysia stock market rebounded on Thursday, one session after ending the two-day winning streak in which it had improved more than 30 points or 2 percent. The Kuala Lumpur Composite Index new sits just above the 1,480-point plateau, although it's expected to open under water on Friday.
RTTNews | 6h 35min ago
Lower Open Anticipated For Japan Shares

Lower Open Anticipated For Japan Shares

The Japanese stock market rebounded on Thursday, one day after ending the two-day winning streak in which it had jumped more than 680 points or 2 percent. The Nikkei 225 now sits just above the 34,375-point plateau, although it's likely to head south again on Friday.
RTTNews | 7h 5min ago
South Korea Shares May Open In The Red On Friday

South Korea Shares May Open In The Red On Friday

The South Korea stock market bounced higher again on Thursday, one day after snapping the two-day winning streak in which it had advanced almost 45 points or 1.9 percent. The KOSPI now rests just above the 2,470-point plateau although it may hand back those gains on Friday.
RTTNews | 7h 35min ago
Japan Inflation Data Due On Friday

Japan Inflation Data Due On Friday

Japan will on Friday release March figures for national consumer prices, highlighting a light day for Asia-Pacific economic activity.
RTTNews | 8h 35min ago
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