DAX Slips On Growth Worries

RTTNews | vor 727 Tagen
DAX Slips On Growth Worries

(RTTNews) - German stocks fell on Tuesday amid growth concerns after a survey showed German manufacturing activity slumped in July.

The headline HCOB Germany Manufacturing PMI dropped to 38.8 in the month, marking the lowest reading since May 2020.

The benchmark DAX was down 112 points, or 0.7 percent, at 16,334 after closing 0.1 percent lower on Monday.

DHL owner Deutsche Post slumped 4.4 percent after it reported a fall in Q2 earnings and revenue.

Commercial vehicle manufacturer Daimler Truck Holding fell more than 2 percent after incoming orders dropped in the second quarter.

TeamViewer jumped 9 percent after the software company reported strong earnings for the second quarter, thanks to higher revenue and lower financial costs.

Real estate investment manager Patrizia SE dropped half a percent after an announcement that Asoka Woehrmann, its CEO Designate since May, has taken over the position of sole CEO from Wolfgang Egger effective today.

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Singapore Bourse May Extend Its Losses On Tuesday

Singapore Bourse May Extend Its Losses On Tuesday

The Singapore stock market has tracked lower in consecutive trading days, sliding more than 30 points or 0.7 percent along the way. The Straits Times Index now rests just above the 4,240-point plateau and it's expected to open under pressure again on Tuesday.
RTTNews | vor 24 Minuten
Malaysia Shares May Tick Lower Again On Tuesday

Malaysia Shares May Tick Lower Again On Tuesday

The Malaysia stock market has finished lower in back-to-back trading days, sinking more than 10 points or 0.6 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,530-point plateau and it may take further damage on Tuesday.
RTTNews | vor 54 Minuten
Japan Stock Market May Extend Losing Streak

Japan Stock Market May Extend Losing Streak

The Japanese stock market has moved lower in two straight sessions, slumping more than 824 points or 2 percent in that span. The Nikkei 225 now sits just beneath the 41,000-point plateau and it may extend its losses on Tuesday.
RTTNews | vor 1Std 9 Minuten
Rally May Stall For South Korea Shares

Rally May Stall For South Korea Shares

The South Korea stock market has moved higher in four straight sessions, collecting almost 40 points or 1.3 percent along the way. The KOSPI now sits just beneath the 3,210-point plateau although it may run out of steam on Tuesday.
RTTNews | vor 1Std 24 Minuten
U.S. Dollar Extends Gain Against Majors

U.S. Dollar Extends Gain Against Majors

The U.S. dollar extended gains against its major counterparts in the New York session on Monday, as investors cheered the US-EU trade deal.
RTTNews | vor 3Std 5 Minuten
Swiss Stocks Slip On Late Selling; SMI Ends 0.34% Down

Swiss Stocks Slip On Late Selling; SMI Ends 0.34% Down

The Switzerland market closed weak on Monday as a few stocks tumbled on selling pressure in the final hour of the day's session. The market got off to a firm start, in line with markets across Europe, as news about the U.S. and European Union agreed on a trade deal over the weekend. However, the mood turned cautious as the day progressed, and the market eventually closed on a weak note.
RTTNews | vor 6Std 45 Minuten
European Markets Fail To Hold Gains, Settle Weak

European Markets Fail To Hold Gains, Settle Weak

Despite opening on a bright note, European stocks retreated and settled mostly lower on Monday, as initial buoyancy over an EU-US trade deal faded and investors looked ahead to earnings updates, some crucial economic data and policy announcements from the Federal Reserve and the Bank of Japan this week.
RTTNews | vor 7Std 11 Minuten
Canadian Market Modestly Lower; Materials Stocks Decline

Canadian Market Modestly Lower; Materials Stocks Decline

Despite the U.S.-European Union agreeing on a trade deal over the weekend, the mood in the market remains cautious. The market slipped after opening flat Monday morning, and despite staging a recovery subsequently, remains in negative territory, weighed down by losses in materials sector due to weak metal prices.
RTTNews | vor 8Std 24 Minuten