European Shares Extend Gains With Focus On Putin-Trump Talks

RTTNews | vor 3 Tagen
European Shares Extend Gains With Focus On Putin-Trump Talks

(RTTNews) - European stocks held near five-month highs on Friday amid hopes the Trump-Putin summit in Alaska might help end the war in Ukraine.

The pan European STOXX 600 edged up by 0.4 percent to 555.81 after rising 0.6 percent on Thursday.

The German DAX added half a percent and France's CAC 40 surged 0.8 percent while the U.K.'s FTSE 100 was down 0.1 percent.

German chipmaker Infineon Technologies rose 1.2 percent after completing the acquisition of Marvell Technology Inc.'s Automotive Ethernet business.

Sea1 Offshore shares plunged 7 percent. The Norwegian operator of high-end offshore support vessels reported disappointing second quarter results, impacted by the sales of nine vessels.

Danish jewelry giant Pandora plummeted 13 percent after the company flagged weakening sales in its key European markets.

Power cable solutions provider NKT soared 7.8 percent after posting record operational earnings in the second quarter and lifting its 2025 outlook.

Semiconductor equipment specialist ASML fell 1.2 percent after -Applied Materials forecast fourth-quarter revenue and profit below estimates.

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Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian stock market is trimming its early losses in mid-market trading on Tuesday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,900 level, with weakness in mining and energy stocks partially offset by gains in financial stocks.
RTTNews | vor 1Std 17 Minuten
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, following the mixed cues from Wall Street overnight, amid optimism of a truce in the conflict between Russia and Ukraine with US President Donald Trump planning a summit meeting between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy very soon. Asian markets closed mostly higher on Monday.
RTTNews | vor 1Std 27 Minuten
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Tuesday after opening in the green, reversing some of the gains in the previous two sessions, following the mixed cues from Wall Street overnight, with the Nikkei 225 falling below the 43,500 level, with weakness in index heavyweights and financial stocks partially offset by gains in automakers and exporters.
RTTNews | vor 2Std 23 Minuten
Thai Shares May Take Further Damage On Tuesday

Thai Shares May Take Further Damage On Tuesday

The Thai stock market has finished lower in three straight sessions, slipping more than 35 points or 3 percent along the way. The Stock Exchange of Thailand now sits just above the 1,240-point plateau and it may extend its losses on Tuesday.
RTTNews | vor 2Std 43 Minuten
Little Movement Seen For Indonesia Stock Market

Little Movement Seen For Indonesia Stock Market

Ahead of Monday's holiday for Independence Day, the Indonesia stock market had snapped the five-day winning streak in which it had surged more than 440 points or 5.8 percent. The Jakarta Composite Index now sits just beneath the 7,900-point plateau and it's likely to remain stuck in neutral again on Tuesday.
RTTNews | vor 3Std 13 Minuten
Soft Start Expected For Hong Kong Stock Market

Soft Start Expected For Hong Kong Stock Market

The Hong Kong stock market has moved lower in three straight sessions, slumping more than 430 points or 1.5 percent along the way. The Hang Seng Index now rests just above the 25,175-point plateau and it may continue to sputter on Tuesday.
RTTNews | vor 3Std 28 Minuten
Australian Market Significantly Lower

Australian Market Significantly Lower

The Australian stock market is trading significantly lower on Tuesday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,900 level, with weakness in gold miners and energy stocks partially offset by gains in iron ore miners and financial stocks.
RTTNews | vor 3Std 31 Minuten