CAC 40 Holds Steady Ahead Of US Inflation Data
(RTTNews) - French stocks were flat to slightly higher on Tuesday amid expectations for a pause in U.S. rate hikes.
Investors eagerly await the U.S. consumer price inflation report later in the day for further clarity on the rate outlook.
The benchmark CAC 40 was up 0.1 percent at 7,021 after declining 2.9 percent in the previous session.
Casino Guichard Perrachon SA rose over 1 percent. The mass-market retail group said that it is selling part of its stake in Assaí for 174 million shares to boost its deleveraging.
Media conglomerate Vivendi edged down slightly after saying it has entered into exclusive negotiations to sell 100 percent of its publishing house Editis to a subsidiary of Czech Media Invest (CMI) founded by Daniel Kretinsky.
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Lower Open Expected For Thai Stock Market
The Thai stock market has moved lower in four straight sessions, retreating almost 30 points or 1.9 percent along the way. The Stock Exchange of Thailand now sits just above the 1,590-point plateau and it's expected to spin its wheels again on Tuesday.
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31 minutes ago
Indonesia Bourse May See Continued Consolidation On Tuesday
The Indonesia stock market has finished lower in four straight sessions, sinking more than 150 points or 2.3 percent along the way. The Jakarta Composite Index now sits just above the 6,530-point plateau and it's looking at another soft start again on Tuesday.
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1h 1min ago
Japanese Market Modestly Lower
The Japanese stock market is trading modestly lower on Tuesday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling well below the 63,400 level, with weakness in automakers and financial stocks partially offset by gains in index heavyweights.
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1h 8min ago
Hang Seng May Hand Back Monday's Gains
The Hong Kong stock market on Monday halted the five-day losing streak in which it had given up more than 850 points or 3 percent. The Hang Seng Index now sits just shy of the 24,920-point plateau although it may head south again on Tuesday.
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1h 16min ago
Losing Streak May Continue For China Stock Market
The China stock market has moved lower in three straight sessions, slumping more than 65 points or 1.7 percent in that span. The Shanghai Composite Index now sits just above the 3,885-point plateau and it's tipped to open in the red again on Tuesday.
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1h 31min ago
Australian Markets Notably Lower
The Australian stock market is notably lower on Tuesday, reversing the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 index is falling below the 8,700 level, with weakness in miners, energy and financial stocks partially offset by gains in technology stocks.
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1h 39min ago
No Help Yet For Taiwan Stock Market
The Taiwan stock market has finished lower in three straight sessions, surrendering more than 1,300 points or 3 percent in that span. The Taiwan Stock Exchange now sits just above the 45,860-point plateau and it may continue to sputter on Tuesday.
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2h 1min ago
Rally May Stall For Singapore Stock Market
The Singapore stock market has climbed higher in back-to-back sessions, collecting almost 30 points or 0.5 percent in that span. The Straits Times Index now sits just shy of the 5.720-point plateau although it may run out of steam on Tuesday.
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2h 31min ago
