CAC 40 Slips Amidst Economic Woes

Renewed concerns about economic activity and growth in France as well as the wider Euro Area dragged down the CAC 40 benchmark below the levels at close on Thursday. HCOB PMI readings recorded unexpected declines and slipped deeper into the contraction territory. Manufacturing PMI which was seen steady at 44.5 unexpectedly declined to 43.2. Services...

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Taiwan Bourse May Extend Fridays Gains

The Taiwan stock market on Friday snapped the two-day slide in which it had stumbled almost 300 points or 1.3 percent. The Taiwan Stock Exchange now rests just above the 22,900-point plateau and it may see additional support on Monday. The global forecast is positive, supported by increasing oil prices. The European and U.S. markets...

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Hong Kong Shares Due For Support On Monday

The Hong Kong stock market has moved lower in two straight sessions, dropping more than 470 points or 2.5 percent along the way. The Hang Seng Index now sits just beneath the 19,230-point plateau although it may stop the bleeding on Monday. The global forecast is positive, supported by increasing oil prices. The European and...

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