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CAC 40 Gains As Inflation Slows
(RTTNews) - French stocks advanced on Wednesday as data showed inflation in the country unexpectedly slowed in December from a record high in the previous month.
France's EU-harmonized inflation rate fell to 6.7 percent in December from 7.1 percent in November, INSEE said.
Meanwhile the final purchasing managers index (PMI) for France's services sector rose to 49.5 points in December, slightly up from 49.3 points in November.
The benchmark CAC 40 jumped 93 points, or 1.4 percent, to 6,712 after rising 0.4 percent on Tuesday.
Sanofi shares rose half a percent. The healthcare firm said it expects a boost from foreign exchange movements and flu vaccine sales in its fourth-quarterly results, due to be published next month.
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Australian Market Trims Early Gains In Mid-market
The Australian stock market is trimming its early gains in mid-market moves on Wednesday, adding to the gains in the previous four sessions, with the benchmark S&P/ASX 200 moving up to near the 8,100 level, following the broadly positive cues from Wall Street overnight, with gains financial and technology stocks partially offset by weakness in energy stocks.
RTTNews
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25 minutos atrás
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, amid the ongoing uncertainty about the tariff war and fears of a global economic slowdown. There are also some positive developments on the trade front, with US Commerce Secretary Howard Lutnick telling CNBC the Trump administration has reached its first trade deal.
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53 minutos atrás
Sensex, Nifty Likely To Open On Cautious Note
Indian shares may open on a cautious note Wednesday after a slew of U.S. companies suspended or tweaked their full year guidance and Samsung Electronics flagged macroeconomic uncertainties due to trade tensions and a slowdown in global growth.
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1h 17min atrás
Thai Stock Market May Extend Winning Streak
The Thai stock market has moved higher in three straight sessions, gathering almost 25 points or 2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,170-point plateau and it may tick higher again on Wednesday.
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1h 53min atrás
Additional Support Expected For Indonesia Stock Market
The Indonesia stock market has moved higher in three straight sessions, advancing almost 140 points or 2.2 percent along the way. The Jakarta Composite Index now rests just beneath the 6,750-point plateau and it may extend its gains again on Wednesday.
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2h 23min atrás
Japanese Market Slightly Higher
The Japanese stock market is trading slightly higher on Wednesday, extending the gains in the previous four sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving up to near the 35,900 level, with gains in exporters and financial stocks partially offset by weakness in automakers and technology stocks.
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2h 27min atrás
Hong Kong Shares Tipped To Open In The Green
The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had jumped more than 1,000 points or 4.5 percent. The Hang Seng Index now sits just above the 22,000-point plateau and it may add to its winnings on Wednesday.
RTTNews
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2h 38min atrás
Australian Market Modestly Higher
Australian shares are trading modestly higher on Wednesday, adding to the gains in the previous four sessions, with the benchmark S&P/ASX 200 moving up to near the 8,100 level, following the broadly positive cues from Wall Street overnight, with gains financial and technology stocks partially offset by weakness in energy stocks.
RTTNews
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2h 51min atrás
