DAX Slips In Cautious Trade Ahead Of US Election Results

RTTNews | hace 921
DAX Slips In Cautious Trade Ahead Of US Election Results

(RTTNews) - German stocks were subdued on Wednesday as investors awaited the results of Tuesday's midterm elections in the United States.

According to early results, a predicted Republican "red wave" appeared to have become a ripple as Democrats clung on in key races in the midterm elections.

A split government is viewed as a more favorable outcome for financial markets. The benchmark DAX was down 53 points, or 0.4 percent, at 13,635 after rallying 1.2 percent the previous day.

Deutz AG, an internal combustion engine manufacturer, jumped more than 2 percent after posting improved earnings in the third quarter.

Chemicals distributor Brenntag rose 0.6 percent after its Q3 profit beat forecasts. Evotec plunged nearly 7 percent after the drug discovery development company kept its outlook for FY22 unchanged.

Utility E.ON fell 1.7 percent after high energy costs dented its earnings in the January-September period.

Lender Commerzbank fell about 1 percent after reporting a 52 percent fall in its third-quarter net profit.

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Thai Bourse May Reclaim 1,200-Point Plateau

Thai Bourse May Reclaim 1,200-Point Plateau

The Thai stock market has alternated between positive and negative finishes through the last eight trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just above the 1,195-point plateau and it's expected to open to the upside again on Monday.
RTTNews | hace 28 minutos
Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese stock market is trading notably lower on Monday, extending the losses in the previous three sessions, despite the broadly positive cues from Wall Street on Friday, with the Nikkei 225 falling below the 37,600 level, with a mixed performance across most sectors.
RTTNews | hace 52 minutos
Win Streak May Continue For Indonesia Stock Market

Win Streak May Continue For Indonesia Stock Market

The Indonesia stock market has finished higher in four straight sessions, improving more than 275 points or 4 percent in that span. The Jakarta Composite Index now rests just above the 7,100-point plateau and it's expected to extend its gains again on Monday.
RTTNews | hace 58 minutos
Hong Kong Bourse May Find Traction On Monday

Hong Kong Bourse May Find Traction On Monday

The Hong Kong stock market has moved lower in two straight sessions, dropping almost 300 points or 1.3 percent along the way. The Hang Seng Index now sits just beneath the 23,350-point plateau although it's due for support on Monday.
RTTNews | hace 1h 13min
Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is notably lower on Monday, snapping an eight-session winning streak, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to near the 8,300.00 level, with weakness in iron ore miners, technology and financial stocks partially offset by gains in gold miners.
RTTNews | hace 1h 21min
China Stock Market May Snap Losing Streak

China Stock Market May Snap Losing Streak

The China stock market has moved lower in back-to-back sessions, slipping more than 35 points or 1 percent in that span. The Shanghai Composite Index now rests just above the 3,365-point plateau although it may stop the bleeding on Monday.
RTTNews | hace 1h 28min
Taiwan Stock Market Tipped To Open In The Green

Taiwan Stock Market Tipped To Open In The Green

The Taiwan stock market bounced higher again on Friday, one day after snapping the four-day winning streak in which it had surged almost 1,250 points or 6.2 percent. The Taiwan Stock Exchange now sits just above the 21,840-point plateau although it's likely to tick higher again on Monday.
RTTNews | hace 1h 58min
Higher Open Anticipated For Singapore Stock Market

Higher Open Anticipated For Singapore Stock Market

The Singapore stock market has moved higher in two straight sessions, collecting more than 25 points or 0.6 percent along the way. The Straits Times Index now sits just beneath the 3,900-point plateau and it may add to its winnings on Monday.
RTTNews | hace 2h 28min