DAX Drops As China's Covid Unrest Engulfs Global Market Sentiment

RTTNews | Před 1030 dny
DAX Drops As China's Covid Unrest Engulfs Global Market Sentiment

(RTTNews) - The German stock market benchmark DAX dropped close to 1 percent on Monday, as investors worldwide reacted to the unprecedented protests in China against the strict Covid curbs.

The forty-scrip DAX index is currently trading at 14,407.60, down 0.92 percent on an overnight basis. The day's trading has been within the range of 14,379.83 and 14,514.98.

Only 5 scrips of the 40-scrip index are trading in an overnight positive territory. Fresenius is the top gainer with a 1.3 percent uptick.

Specialty chemicals business Brenntag dropped around 8 percent after Friday's announcement that it had conducted takeover talks with U.S. rival Univar. Airbus and Vonovia have both declined more than 3 percent.

The EUR/USD pair is at 1.0472, surging 0.74 percent overnight whilst the US Dollar Index weakened 0.34 percent to 105.60.

The ten-year bond yield has increased 0.2 percent to 1.974%, versus 1.97% percent at the previous close.

The pan-European STOXX 600 is currently trading at 436.86, down 0.88 percent on an overnight basis.

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Lower Open Expected For Hong Kong Stock Market

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RTTNews | Před 11 minutami
Australian Market Notably Lower

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RTTNews | Před 26 minutami
Taiwan Stock Market May Spin Its Wheels On Wednesday

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RTTNews | Před 56 minutami
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RTTNews | Před 1 h 26 min
Rally May Stall For Malaysia Stock Market

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The Malaysia stock market has ticked higher in two straight sessions, collecting more than 5 points or 0.3 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it may run out of steam on Wednesday.
RTTNews | Před 1 h 56 min
Renewed Selling Pressure Likely For Japan Stock Market

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RTTNews | Před 2 h 11 min
KOSPI Due For Profit Taking On Wednesday

KOSPI Due For Profit Taking On Wednesday

The South Korea stock market has finished higher in back-to-back sessions, advancing more than 40 points or 1.1 percent along the way. Now at another fresh record closing high, the KOSPI sits just above the 3,485-point plateau although investors are likely to lock in gains on Wednesday.
RTTNews | Před 2 h 26 min