DAX Rises On China Stimulus Hopes

RTTNews | Před 1057 dny
DAX Rises On China Stimulus Hopes

(RTTNews) - German stocks traded higher on Friday after China's cabinet vowed to act decisively in ramping up support for the ailing economy.

Authorities will seize the window of opportunity and "decisively enhance the strength (of policy), roll out all policy measures that are needed to stabilize the economy", the cabinet was quoted as saying after a regular meeting.

Investors were also reacting to comments by U.S. President Joe Biden to The Associated Press on Thursday that he saw reasons for optimism about the economy. A recession is "not inevitable," Biden said.

The benchmark DAX jumped 137 points, or 1.1 percent, to 13,175 after losing 3.3 percent the previous day.

read more
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market moves on Friday, adding to the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,200 level, with gains in technology and energy stocks partially offset by weakness in mining stocks.
RTTNews | Před 1 h 20 min
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, amid easing concerns about the ongoing trade war after US President Donald Trump unveiled the framework of a trade agreement with the U.K. The Japanese markets are leading regional gains amid hopes that the country will reach a trade agreement with the U.S. in June.
RTTNews | Před 2 h 51 min
Thai Shares Likely To Remain Rangebound

Thai Shares Likely To Remain Rangebound

The Thai stock market has finished lower in two of three trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just above the 1,205-point plateau although it may tick higher again on Friday.
RTTNews | Před 3 h 52 min
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 well above the 37,200 level, with gains across all sectors led by index heavyweights and financial stocks.
RTTNews | Před 4 h 16 min
Indonesia Stock Market May Erase Thursday's Losses

Indonesia Stock Market May Erase Thursday's Losses

The Indonesia stock market on Thursday ended the eight-day winning streak in which it had rallied more than 210 points or 3.2 percent. The Jakarta Composite Index now rests just above the 6,825-point plateau although it may find renewed support on Friday.
RTTNews | Před 4 h 22 min