DAX Edges Higher On ECB Rate Cut Hopes

RTTNews | hace 635
DAX Edges Higher On ECB Rate Cut Hopes

(RTTNews) - German stocks traded higher on Friday amid expectations of interest-rate cuts in the second quarter.

ECB member and Bank of France head Francois Villeroy de Galhau said the central bank should favor gradual rate cuts rather than waiting too long to cut rates this year.

The risk of moving too late exists "at least" as much as that of moving too soon, he said in an interview with Belgian newspaper L'Echo.

The benchmark DAX was up 92 points, or half a percent, at 17,139 after gaining 0.6 percent in the previous session.

Automotive supplier Hella fell over 2 percent despite posting improved full-year portfolio-adjusted sales and operating income.

Volkswagen gained 1 percent after signing a supply agreement with India's Mahindra & Mahindra on the use of key electric components of the German carmaker's open platform for electric vehicles (EVs).

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Indonesia Bourse May Extend Wednesday's Gains

Indonesia Bourse May Extend Wednesday's Gains

The Indonesia stock market on Wednesday ended the two-day slide in which it had fallen almost 30 points or 0.4 percent. The Jakarta Composite Index now sits just beneath the 8,390-point plateau and it may add to its winnings on Thursday.
RTTNews | hace 1h 3min
Hang Seng May Breach 27,000-Point Level

Hang Seng May Breach 27,000-Point Level

The Hong Kong stock market has moved higher in three straight sessions, advancing almost 675 points or 2.9 percent along the way. The Hang Seng Index now rests just above the 26,920-point plateau and it's expected to open to the upside again on Thursday.
RTTNews | hace 1h 18min
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian market is trading modestly lower on Thursday, adding to the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,800 level, with weakness is financial, energy and technology stocks partially offset by gains in mining stocks.
RTTNews | hace 1h 20min
China Shares May Find Traction On Thursday

China Shares May Find Traction On Thursday

The China stock market has moved lower in two straight sessions, sinking almost 20 points or 0.5 percent along the way. The Shanghai Composite Index now sits just above the 4,000-point plateau although it figures to move back to the upside on Thursday.
RTTNews | hace 1h 33min
Mild Upside Seen For Taiwan Stock Market

Mild Upside Seen For Taiwan Stock Market

The Taiwan stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day losing streak in which it had given up more than 640 points or 2.3 percent. The Taiwan Stock Exchange now sits just beneath the 27,950-point plateau and it may tick higher again on Thursday.
RTTNews | hace 2h 3min
Win Streak May Continue For Singapore Stock Market

Win Streak May Continue For Singapore Stock Market

The Singapore stock market has finished higher in back-to-back sessions, gathering more than 80 points or 1.8 percent along the way. The Straits Times Index now sits just beneath the 4,570-point plateau and it's expected to bounce higher again on Thursday.
RTTNews | hace 2h 33min