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CAC 40 Slips Into Red With Rate Decisions In Focus
(RTTNews) - French stocks were a tad lower on Thursday after the U.S. Federal Reserve raised rates by 25 bps, as widely expected, and signaled it may pause further rate increases depending on incoming data.
Meanwhile, the European Central Bank is expected to raise interest rates for the seventh meeting in a row later today, citing upside risks to the inflation outlook.
In economic releases, the French services PMI increased from 53.9 to 54.6 but was down from a prelim 56.3.
The benchmark CAC 40 was down 27 points, or 0.4 percent, at 7,377 after closing 0.3 percent higher the previous day.
Capgemini shares fluctuated after the IT consulting group posted weaker revenue growth in the first quarter amid a tense economic environment.
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Thai Shares Tipped To Open To The Downside On Friday
The Thai stock market has finished lower in two straight sessions, slipping almost 30 points or 2.4 percent in that span. The Stock Exchange of Thailand now sits just beneath the 1,160-point plateau and it figures to open under pressure again on Friday.
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4s 21 dakika önce
Japanese Market Notably Higher
Reversing the slight losses in the previous session, the Japanese market is notably higher on Friday, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving well above the 36,900 level, with gains across most sectors led by index heavyweights, exporters and technology stocks.
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4s 46 dakika önce
Indonesia Bourse May Give Up 6,600-Point Level
The Indonesia stock market turned lower again on Thursday, one day after ending the two-day slide in which it had dropped almost 85 points or 1.3 percent. The Jakarta Composite Index now sits just beneath the 6,650-point plateau and it may take further damage on Friday.
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4s 51 dakika önce
No Help Yet For Hong Kong Stock Market
The Hong Kong stock market has moved lower in five straight trading days, stumbling almost 920 points or 4 percent along the way. The Hang Seng Index now rests just above the 23,460-point plateau and it's got another weak lead for Friday's trade.
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5s 6 dakika önce
Lower Open Predicted For China Stock Market
The China stock market has moved lower in consecutive trading days, shedding more than 40 points or 1.2 percent along the way. The Shanghai Composite Index now sits just beneath the 3,360-point plateau and it's expected to open under water again on Friday.
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5s 21 dakika önce
Australian Market Modestly Higher
The Australian stock market is trading modestly higher on Friday, snapping a four-session losing streak, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to stay below the 7,800 level, with gains is iron ore miners and gold miners amid spiking metal prices.
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5s 22 dakika önce
Soft Start Expected For Taiwan Stock Market
The Taiwan stock market turned lower again on Thursday, one day after ending the four-day losing streak in which it had stumbled almost 800 points or 3.6 percent. The Taiwan Stock Exchange now sits just above the 21,960-point plateau and it's expected to open in the red again on Friday.
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5s 51 dakika önce
Win Streak May End For Singapore Stock Market
The Singapore stock market has moved higher in back-to-back sessions, collecting almost a dozen points or 0.3 percent along the way. The Straits Time Index now sits just above the 3,835-point plateau although the rally may stall on Friday.
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6s 21 dakika önce
