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DAX Dips On Weak Data
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(RTTNews) - German stocks were slightly lower on Tuesday after a survey showed consumer confidence in the country weakened for a third consecutive month in November.
The forward-looking GfK index dropped to -28.1 from a revised -26.7 the previous month, as income expectations took a hit.
Meanwhile, the HCOB German manufacturing PMI improved to 40.7 in October from 39.6 in September - still deep in contraction territory. The services PMI fell to 48 from 50.3.
The benchmark DAX was down 47 points, or 0.3 percent, at 14,753 after finishing marginally higher the previous day.
In corporate news, Puma shares jumped nearly 4 percent after the sportswear brand stood by its full-year profit outlook.
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Swiss Markets Ends Marginally Down
The Swiss market ended slightly down on Monday after languishing in negative territory righ through the day's trading session, as traders largely stayed on the sidelines ahead of Christmas holidays.
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European Markets Close Mostly Lower After Cautious Session
European stocks closed on a weak note on Monday with investors largely refraining from making big moves and most of the markets recording thin volumes, ahead of upcoming Christmas holidays.
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TSX Hits New Record High, Stays Firm As Resources Stocks Shine
Canadian stocks are gaining ground in positive territory on Monday, rising for a third straight session, led by gains in materials and energy sectors thanks to firm commodity prices.
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Bay Street Likely To Extend Gains On Commodities Strength
Higher Canadian and U.S. index futures and firm commodity prices point to a positive start on Bay Street Monday morning.
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Major European Markets Largely Subdued In Thin Trading
The major European markets were subdued on Monday amid thin volumes with investors somewhat reluctant to make big moves ahead of upcoming Christmas holidays.
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FTSE 100 Slips Nearly 0.5%; Mining Stocks Move Up
U.K.'s benchmark index FTSE 100 slipped Monday morning, although gains in the mining sector limited its downside. Shares from utilities and healthcare sectors were under pressure.
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il y a 10h 5min
CAC 40 Down Nearly 0.5% In Cautious Trade
French stocks were largely subdued on Monday with traders seemingly staying away on the sidelines ahead of the upcoming Christmas holidays.
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