DAX Extends Losses On China Growth Concerns

RTTNews | 705 दिनों पहले
DAX Extends Losses On China Growth Concerns

(RTTNews) - German stocks declined on Friday to extend losses from the previous session on China growth concerns and fears of further interest-rate hikes by the U.S. Federal Reserve.

China's property giant Evergrande has filed for bankruptcy protection in the United States, underscoring the deepening turmoil in the country's property sector.

The benchmark DAX was down 111 points, or 0.7 percent, at 15,565 after declining 0.7 percent in the previous session.

Sports apparel and footwear giant Adidas fell 1.3 percent after renewing a long-term license agreement with Coty Inc., a manufacturer of fragrance, color cosmetics, and skin and body care products.

SUSE soared 60 percent after the software solutions provider said it would quit the Frankfurt Stock Exchange and become a private company again.

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European Economic News Preview: ECB To Hold Key Interest Rates As Tariff Deadline Looms

European Economic News Preview: ECB To Hold Key Interest Rates As Tariff Deadline Looms

The European Central Bank is set to adopt a wait-and-see approach on Thursday ahead of a looming tariff deadline. Markets expect the ECB to hold the deposit facility rate at 2.00 percent after cutting it by a quarter basis points each in every rate-setting session since September. The announcement is due at 8.15 am ET.
RTTNews | 47 मिनटों पहले
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian market is extending early losses in mid-market moves on Thursday, reversing some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying just above the 8,700 level, with weakness in mining stocks and a mixed performance in most other sectors.
RTTNews | 1घंटे 22 मिनट पहले
Asian Markets A Sea Of Green

Asian Markets A Sea Of Green

Asian stock markets are a sea of green on Thursday, following the broadly positive cues from Wall Street overnight, amid easing concerns about a global tariff war after US President Donald Trump confirmed major trade deals with Japan and the Philippines, which spurred expectations of further trade agreements as the August 1 deadline nears. Asian markets closed mostly higher on Wednesday.
RTTNews | 1घंटे 41 मिनट पहले
Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

The Thai stock market bounced higher again on Wednesday, one day after ending the three-day winning streak in which it had spiked more than 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just beneath the 1,220-point plateau and it's expected to open to the upside again on Thursday.
RTTNews | 2घंटे 47 मिनट पहले
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese market is trading sharply higher on Thursday, expending the strong gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving up to near the 39,900 level, with gains across all sectors led by index heavyweights, exporters and financial stocks.
RTTNews | 3घंटे 14 मिनट पहले
Indonesia Bourse May Break Resistance At 7,500 Points

Indonesia Bourse May Break Resistance At 7,500 Points

The Indonesia stock market bounced higher again on Wednesday, one day after ending the 11-day winning streak in which it had surged more than 530 points or 7.5 percent. The Jakarta Composite Index now sits just beneath the 7,470-point plateau and it may tick higher again on Thursday.
RTTNews | 3घंटे 17 मिनट पहले
Hong Kong Stock Market Has Solid Lead For Thursday's Trade

Hong Kong Stock Market Has Solid Lead For Thursday's Trade

The Hong Kong stock market has moved higher in four straight sessions, gathering almost 1,160 points or 4.6 percent in that span. The Hang Seng Index now sits just beneath the 25,540-point plateau and it's expected to open higher again on Thursday.
RTTNews | 3घंटे 32 मिनट पहले