DAX Edges Lower In Lackluster Trade; Deutsche Bank Shares Up 7%

RTTNews | il y a 574
DAX Edges Lower In Lackluster Trade; Deutsche Bank Shares Up 7%

(RTTNews) - German stocks fell slightly on Wednesday, as investors digested the latest set of earnings reports and kept a wary eye on the situation in the Middle East amidst reports of an imminent ground invasion of Gaza by Israel.

Meanwhile, a survey showed earlier today that German business morale improved more than expected in October, following five consecutive months of decline.

The headline IFO Business Climate Index came in at 86.9 in October, up from the previous month's reading of 85.7.

The benchmark DAX was down 24 points, or 0.2 percent, at 14,856 after rising half a percent in the previous session.

Frankfurt-listed shares of Alphabet plunged 7 percent after revenue from Google's Cloud division missed estimates.

Microsoft rallied 3.2 percent after beating Wall Street estimates in all segments.

Deutsche Bank soared 7 percent as the lender flagged dividends and buybacks over the next two years after posting better-than-expected third-quarter profit.

Nivea maker Beiersdorf AG rose 1.3 percent after raising its full-year sales guidance.

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Australian Market Slightly Trims Early Losses In Mid-market

Australian Market Slightly Trims Early Losses In Mid-market

The Australian market is slightly trimming its early losses in mid-market moves on Thursday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,350 level, with weakness across most sectors led by and technology and energy stocks. Gold miners are the only bright spot.
RTTNews | il y a 20 minutes
Asian Markets Tracks Wall Street Lower

Asian Markets Tracks Wall Street Lower

Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from Wall Street overnight, amid rising treasury yields on concerns about the fiscal impact of a new U.S. tax bill on the country's deficit. The lack of clear progress on new trade deals is also weighing on the markets. Asian markets closed mostly higher on Wednesday.
RTTNews | il y a 41 minutes
Sensex, Nifty Set To Open Lower After US Selloff

Sensex, Nifty Set To Open Lower After US Selloff

Indian shares may open lower on Thursday as investors react to escalating geopolitical tensions, rising U.S. Treasury yields and a lack of progress on U.S. trade talks with partners.
RTTNews | il y a 1h 7min
Soft Start Anticipated For Thai Stock Market

Soft Start Anticipated For Thai Stock Market

The Thai stock market has alternated between positive and negative finishes through the last 11 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 beneath the 1,180-point plateau and it may tick lower again on Thursday.
RTTNews | il y a 1h 40min
Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese market is trading notably lower on Thursday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 37,100 level, with weakness across most sectors led by index heavyweights and technology stocks.
RTTNews | il y a 2h 10min
Indonesia Bourse May Hand Back Wednesday's Gains

Indonesia Bourse May Hand Back Wednesday's Gains

The Indonesia stock market bounced higher again on Wednesday, one day after snapping the five-day winning streak in which it had rallied more than 310 points or 4.5 percent. The Jakarta Composite Index now rests just above the 7,140-point plateau, although it may head south again on Thursday. The global forecast for the Asian markets is negative on concerns over rising bond yields. The European markets were mixed and the U.S. bourses were sharply lower and the Asian markets also figure to open under pressure.
RTTNews | il y a 2h 10min
Lower Open Called For Hong Kong Stock Market

Lower Open Called For Hong Kong Stock Market

The Hong Kong stock market has finished higher in consecutive trading days, accelerating almost 500 points or 2.2 percent along the way. The Hang Seng Index now sits just above the 23,825-point plateau, although it's likely to run out of steam on Thursday.
RTTNews | il y a 2h 25min
Australian Market Notably Lower

Australian Market Notably Lower

The Australian market is trading notably lower on Thursday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,300 level, with weakness across most sectors led by and technology stocks. Gold miners are the only bright spot.
RTTNews | il y a 2h 27min