DAX Extends Losses On Rate Worries

RTTNews | 722 दिनों पहले
DAX Extends Losses On Rate Worries

(RTTNews) - German stocks traded lower on Wednesday after the August U.S. job openings data showed a large pickup with vacancies - stoking fresh fears of higher-for-longer interest rates. The downside remained capped after a survey showed activity in Germany's services sector edged up slightly in September, following a drop in the previous month.

The German Bund yield climbed by 3 basis points to 3 percent from 2.968 percent after 10-year U.S. Treasury yields hit a 16-year high.

The benchmark DAX was down 38 points, or 0.3 percent, at 15,047 after declining 1.1 percent in the previous session.

Heavyweight banks were among the biggest losers. Commerzbank dropped 1.6 percent and peer Deutsche Bank lost 1.3 percent.

Automakers BMW, Mercedes Benz and Volkswagen were down between 0.6 percent and 0.8 percent on concerns about the global economic outlook.

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Winning Streak May End For Thai Shares

Winning Streak May End For Thai Shares

The Thai stock market has tracked higher in two straight sessions, gathering more than 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,290-point plateau although it may be stuck in neutral on Friday.
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Japanese Market Modestly Lower

Japanese Market Modestly Lower

Snapping a three-session winning streak, the Japanese market is modestly lower on Friday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 45,700 level, with weakness in technology stocks partially offset by gains in exporters and financial stocks.
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Lower Open Called For Indonesia Stock Market

Lower Open Called For Indonesia Stock Market

The Indonesia stock market on Thursday snapped the two-day winning streak in which it had advanced more than 85 points or 1.1 percent. The Jakarta Composite Index sits just above the 8,040-point plateau and it may spin its wheels again on Friday.
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Hong Kong Shares May Open In The Red On Friday

Hong Kong Shares May Open In The Red On Friday

The Hong Kong stock market turned lower again on Thursday, one day after ending the two-day slide in which it had slumped almost 400 points or 1.7 percent. The Hang Seng Index now sits just above the 26,480-point plateau and it's likely to extend those losses on Friday.
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Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Friday, reversing the gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,750 level, with weakness in gold miner, financial and technology stocks partially offset by gains in iron miner stocks.
RTTNews | 57 मिनटों पहले
China Stock Market May Remain Stuck In Neutral On Friday

China Stock Market May Remain Stuck In Neutral On Friday

The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had dropped more than 55 points or 1.5 percent. The Shanghai Composite Index now rests just above the 3,850-point plateau although it's likely to open in the red on Friday.
RTTNews | 1घंटे 11 मिनट पहले
Taiwan Bourse May Give Up Support At 26,000 Points

Taiwan Bourse May Give Up Support At 26,000 Points

The Taiwan stock market has finished lower in back-to-back sessions, sinking more than 220 points or 0.8 percent in that span. The Taiwan Stock Exchange now sits just above the 26,000-point plateau and it's looking at another soft start again on Friday.
RTTNews | 1घंटे 41 मिनट पहले
Soft Start Anticipated For Singapore Stock Market

Soft Start Anticipated For Singapore Stock Market

The Singapore stock market has finished lower in consecutive trading days, giving up almost 30 points or 0.8 percent in that span. The Straits Times Index now sits just above the 4,270-point plateau and it may open under pressure again on Friday.
RTTNews | 2घंटे 11 मिनट पहले