DAX Rises On Fed Policy Optimism

RTTNews | vor 798 Tagen
DAX Rises On Fed Policy Optimism

(RTTNews) - German stocks advanced on Wednesday amid expectations of the U.S. Federal Reserve leaving interest rates unchanged after a two-day policy meeting later in the day.

The benchmark DAX was up 68 points, or 0.4 percent, at 16,298 after climbing 0.8 percent in the previous session.

Banks traded mixed, with Commerzbank trading little changed while Deutsche Bank edged up 0.6 percent.

Footwear conglomerate Puma edged up slightly. The company announced a reorganization to improve alignment across key business categories.

Machinery manufacturer Heidelberger Druckmaschinen slumped 4 percent after issuing a cautious outlook for the new financial year.

Construction equipment manufacturer Wacker Neuson jumped 5.6 percent after saying it aims to grow revenue by 78 percent by 2030 and increase profitability.

read more
Japan Manufacturing PMI Improves Top 49.9 - Jibun

Japan Manufacturing PMI Improves Top 49.9 - Jibun

The manufacturing sector in Japan continued to contract in August, although at a slower rate, the latest survey from Jibun Bank revealed on Thursday with a manufacturing PMI score of 49.9.
RTTNews | vor 36 Minuten
Soft Start Predicted For Taiwan Stock Market

Soft Start Predicted For Taiwan Stock Market

The Taiwan stock market has moved lower in two straight sessions, plunging more than 850 points or 3.8 percent along the way. The Taiwan Stock Exchange now sits just above the 23,625-point plateau and it's expected to at least open in the red again on Thursday.
RTTNews | vor 39 Minuten
Win Streak May End For Singapore Stock Market

Win Streak May End For Singapore Stock Market

The Singapore stock market has moved higher in back-to-back sessions, collecting more than 30 points or 0.7 percent along the way. The Straits Times Index now sits just beneath the 4,220-point plateau although it figures to run out of steam on Thursday.
RTTNews | vor 1Std 9 Minuten
Malaysia Bourse May Extend Wednesday's Losses

Malaysia Bourse May Extend Wednesday's Losses

The Malaysia stock market on Wednesday snapped the two-day winning streak in which it had picked up almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,590-point plateau and the losses may accelerate on Thursday.
RTTNews | vor 1Std 39 Minuten
Continued Consolidation Called For Nikkei

Continued Consolidation Called For Nikkei

The Japan stock market has moved lower in two straight sessions, dropping more than 825 points or 1.9 percent along the way. The Nikkei 225 now sits just beneath the 42,890-point plateau and it may take further damage again on Thursday.
RTTNews | vor 1Std 54 Minuten
KOSPI May Extend Losing Streak

KOSPI May Extend Losing Streak

The South Korea stock market has moved lower in three straight sessions, sinking almost 100 points or 3 percent along the way. The KOSPI now sits just above the 3,130-point plateau and it may tick lower again on Thursday.
RTTNews | vor 2Std 9 Minuten