DAX Slightly Higher In Cautious Trade

RTTNews | hace 614
DAX Slightly Higher In Cautious Trade

(RTTNews) - German stocks traded slightly higher on Wednesday after Israel and Hamas agreed to a four-day truce that would see the Palestinian group release dozens of hostages taken on October 7.

Nvidia's outlook beat expectations, though the chipmaker predicted decline in sales to China.

The benchmark DAX was up 43 points, or 0.3 percent, at 15,943 after finishing marginally lower the previous day.

Fresenius Medical Care rose about 2 percent after raising its annual earnings outlook.

Also, the world's leading provider of products and services for individuals with renal diseases has resolved a legal dispute with the U.S. government.

Thyssenkrupp jumped over 7 percent. After reporting fiscal 2023 net loss of 2.0 billion euros, the industrial engineering and steel company said it sees profit and higher sales in RY24.

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European Shares Seen Opening Up On US-EU Trade Deal

European Shares Seen Opening Up On US-EU Trade Deal

European stocks look set to open on a buoyant note Monday after the United States announced the "biggest-ever" trade deal with the European Union, under which a 15-percent tariff would apply across the board, including for Europe's crucial automobile sector, pharmaceuticals, and semiconductors.
RTTNews | hace 1h 53min
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Monday, reversing some of the losses in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,650.00 level, with gains in gold miners and financial stocks partially offset by weakness in iron ore miners and energy stocks.
RTTNews | hace 4h 2min
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, amid optimism that a number of trade deals will be worked out prior to US President Donald Trump's August 1 deadline after the U.S. and the European Union ratified a trade agreement over the weekend, with 15 percent tariffs on most European exports, including cars.
RTTNews | hace 4h 32min
Sensex, Nifty Set For Muted Start As TCS Announces Layoffs

Sensex, Nifty Set For Muted Start As TCS Announces Layoffs

Indian shares look set to open on a cautious note Monday, with IT stocks likely to be in focus after TCS, India's largest IT services firm, said it would lay off about 2 percent, or 12,261 employees, of its global workforce this year in the wake of global economic uncertainties and artificial intelligence-driven technological changes. Fears over the August 1 U.S. tariff deadline and foreign fund outflows may also weigh on markets as the session progresses.
RTTNews | hace 4h 54min
Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese stock market is trading notably lower on Monday, extending the losses in the previous session, despite he broadly positive cues from Wall Street on Friday, with the Nikkei 225 falling below the 41,200 level, with weakness across most sectors led by financial and technology stocks.
RTTNews | hace 5h 58min
Indonesia Bourse May Extend Winning Streak

Indonesia Bourse May Extend Winning Streak

The Indonesia stock market has moved higher in three straight sessions, advancing more than 190 points or 2.8 percent along the way. The Jakarta Composite Index now sits just above the 7,540-point plateau and it may open to the upside again on Monday.
RTTNews | hace 6h 0min
Higher Open Predicted For Hong Kong Shares

Higher Open Predicted For Hong Kong Shares

The Hong Kong stock market on Friday ended the five-day winning streak in which it had rallied almost 1,300 points or 5.1 percent. The Hang Seng Index now sits just beneath the 25,390-point plateau although it's likely to open in the green again on Monday.
RTTNews | hace 6h 15min