DAX Slips On Rate Hike Worries

RTTNews | Před 770 dny
DAX Slips On Rate Hike Worries

(RTTNews) - German stocks traded lower on Friday amid fears that central banks may not be done with interest-rate hikes.

The dollar edged lower but was off its 15-month lows after overnight data showed the number of Americans filing new claims for unemployment benefits unexpectedly fell last week, touching the lowest level in two months.

The benchmark DAX was down 78 points, or half a percent, at 16,126 after gaining 0.6 percent in the previous session.

SAP tumbled nearly 5 percent, a day after the business software maker posted cloud revenue growth below analysts' expectations.

Life-sciences group Sartorius AG shed 0.6 percent after posting lower H1 attributable profit.

Delivery Hero SE, an online delivery platform, was down about 1 percent after it announced the acquisition of a 37 percent stake in HungerStation Holding Limited for $297 million.

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Australian Market Swings To Modest Gains In Mid-market

Australian Market Swings To Modest Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.
RTTNews | Před 1 h 38 min
Asian Markets Mixed Amid Caution Trades

Asian Markets Mixed Amid Caution Trades

Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.
RTTNews | Před 2 h 7 min
Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.
RTTNews | Před 3 h 13 min
Japanese Market Notably Lower

Japanese Market Notably Lower

Giving up some of the gains in the previous two sessions, the Japanese market is notably lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 42,700 level, with weakness across most sectors led by exporters and technology stocks.
RTTNews | Před 3 h 30 min
Additional Support Predicted For Indonesia Shares

Additional Support Predicted For Indonesia Shares

The Indonesia stock market has moved higher in two consecutive trading days, gathering almost 50 points or 0.6 percent in that span. The Jakarta Composite Index now sits just above the 7,950-point plateau and it may add to its winnings on Friday.
RTTNews | Před 3 h 43 min
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday, giving up some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
RTTNews | Před 3 h 52 min