DAX Rises In Cautious Trade

RTTNews | 884 dias atrás
DAX Rises In Cautious Trade

(RTTNews) - German stocks traded higher on Tuesday after an ECB survey showed medium inflation expectations for the next 12 months fell from 4.9 percent in January to 4.6 percent in February.

The benchmark DAX was up 98 points, or 0.6 percent, at 15,678 after declining 0.3 percent in the previous session.

Nordex Group gained 1.3 percent after signing a contract with E energija group to supply and install wind turbines for a 106 MW wind project in Lithuania.

Rheinmetall rose over 1 percent after its Materials and Trading division won three new orders for structural parts destined for e-mobility vehicles. The orders are each worth a figure in the double-digit million-euro range.

Bayer edged up slightly after a favorable court judgement over talc-related liabilities.

Tech shares such as Infineon Technologies were subdued as bond yields rose on fears of inflation emanating from OPEC+ slashing oil output by further 1.16 million barrels per day (bpd).

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Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as some weaker than expected U.S. private sector job growth in the month of August bolstered bets the US Fed will lower interest rates later this month. The markets are pricing in a September rate cut and anticipating at least two reductions this year.
RTTNews | 16 minutos atrás
Japanese Market Significantly Higher

Japanese Market Significantly Higher

Extending the gains in the previous session, the Japanese market is significantly higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 42,900 level, with gains across most sectors led by index heavyweights, automakers and technology stocks.
RTTNews | 1h 36min atrás
Rebound Anticipated For Thai Stock Market

Rebound Anticipated For Thai Stock Market

The Thai stock market on Thursday snapped the three-day winning streak in which it had jumped almost 24 points or 2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau although it figures to bounce higher again on Friday.
RTTNews | 1h 43min atrás
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is trading notably higher on Friday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level, with gains in financial stocks and a mixed performance across most other sectors.
RTTNews | 1h 56min atrás
Hang Seng Tipped To End Losing Streak

Hang Seng Tipped To End Losing Streak

The Hong Kong stock market has moved lower in three straight sessions, sinking more than 550 points or 2.2 percent in that span. The Hang Seng Index now sits just shy of the 25,060-point plateau although it's due for support on Friday.
RTTNews | 1h 58min atrás
China Stock Market May Find Traction On Friday

China Stock Market May Find Traction On Friday

The China stock market has moved lower in three straight sessions, dropping more than 110 points or 2.8 percent along the way. The Shanghai Composite Index now sits just above the 3,760-point plateau although it may stop the bleeding on Friday.
RTTNews | 2h 13min atrás
Higher Open Called For Taiwan Stock Market

Higher Open Called For Taiwan Stock Market

The Taiwan stock market has tracked higher in consecutive trading days, collecting more than 160 points or 0.7 percent along the way. The Taiwan Stock Exchange now sits just beneath the 24,180-point plateau expected to open to the upside again on Friday.
RTTNews | 2h 43min atrás