DAX Gains Ahead Of US Inflation Data

RTTNews | 830 dias atrás
DAX Gains Ahead Of US Inflation Data

(RTTNews) - German stocks traded higher on Thursday, with the latest batch of corporate earnings and upcoming U.S. inflation data in focus.

The benchmark DAX was up 0.6 percent at 15,951 after gaining half a percent the previous day.

Engineering group Siemens plunged 5.4 percent after missing profit forecasts in its latest quarter.

Industrial conglomerate Thyssenkrupp rallied 3.9 percent after saying it was now targeting the upper end of its operating profit outlook range in 2023.

Insurer Allianz climbed 3.3 percent after it posted a better-than-expected 18 percent rise in second-quarter net profit.

Hapag Lloyd fell nearly 3 percent. The container shipper posted a 67 percent fall in first-half profit.

Biopharmaceutical group MorphoSys dropped 1 percent after it revealed a loss for the second quarter.

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Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is trading 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 is falling well below the 8,600 level, with weakness across most sectors led by mining and technology stocks.
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Losing Streak May Continue For China Stock Market

Losing Streak May Continue For China Stock Market

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Members of the Reserve Bank of Australia's Monetary Policy Board felt that the country's economic growth was expected to slow in the second half of 2025, minutes from the central bank's November 4 monetary policy meeting revealed on Tuesday.
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Taiwan Bourse May Hand Back Monday's Gains

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The Taiwan stock market on Monday wrote a finish to the two-day slide in which it had given up almost 550 points or 2 percent. The Taiwan Stock Exchange now sits just beneath the 27,450-point plateau although it's expected to open in the red on Tuesday.
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Singapore Shares May Take Further Damage On Tuesday

Singapore Shares May Take Further Damage On Tuesday

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Little Movement Seen For Malaysia Stock Market

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The Malaysia 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 risen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just above the 1,625-point plateau and it's likely to remain rangebound again on Tuesday.
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Continued Consolidation Called For Japan Stock Market

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The Japan stock market has finished lower in back-to-back sessions, shedding more than 940 points or 1.9 percent along the way. The Nikkei 225 now rests just above the 50,320-point plateau and it's expected to open under pressure again on Tuesday.
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