CAC 40 Edges Higher In Cautious Trade

RTTNews | Pred 829 dňami
Stocktwits
CAC 40 Edges Higher In Cautious Trade

(RTTNews) - French stocks opened on a positive note Monday after comments from several Federal Reserve officials last week suggested the U.S. central bank is set to slow the pace of its interest rate increases going forward.

Investors were also reacting to data showing that air travel in China has returned to January 2019 levels ahead of the important Lunar New Year holidays.

The benchmark CAC 40 was up 0.2 percent at 7,012 after rising 0.6 percent on Friday. Aerospace major Airbus SE was modestly higher. The company is planning to spin off its Zephyr, a series of solar powered high-altitude surveillance and communications drone program, with the intention of creating a standalone telecoms and earth observation business that will start commercial operations by the end of next year, Financial Times reported.

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Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Friday, adding to the gains in the previous six sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving to near the 8,200 level, with gains in financial and energy stocks partially offset by weakness in gold miners and technology stocks.
RTTNews | Pred 16 minútami
Higher Open Called For Hong Kong Stock Market

Higher Open Called For Hong Kong Stock Market

Ahead of Thursday's Labor Day holiday, the Hong Kong stock market had finished higher in two straight sessions, collecting almost 150 points or 0.7 percent along the way. The Hang Seng Index now sits just beneath the 22,120-point plateau and it may add to its winnings on Friday.
RTTNews | Pred 23 minútami
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