DAX Rises As Bank Worries Ease

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DAX Rises As Bank Worries Ease

(RTTNews) - German stocks opened higher on Tuesday as worries about the banking sector eased following a buyout deal for the deposits and loans of the failed Silicon Valley Bank.

The benchmark DAX was up 57 points, or 0.4 percent, at 15,184 after climbing 1.1 percent on Monday.

Lender Commerzbank rallied 1.4 percent while Deutsche Bank shares fell 0.9 percent after recent volatility.

Drug discovery firm Evotec rose 0.6 percent after reporting a 22 percent rise in FY preliminary revenues.

Commercial kitchen supplier Rational AG tumbled 3.5 percent despite posting a significant rise in fiscal year 2022 revenue.

Construction equipment manufacturer Wacker Neuson rose about 1 percent after saying it expects demand to remain high in 2023.

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NZ Dollar Advances Against Majors

NZ Dollar Advances Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.
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European Shares Seen Mostly Lower Before US Inflation Data

European Shares Seen Mostly Lower Before US Inflation Data

European stocks may open broadly lower on Friday as the prospect of a peace agreement between Russia and Ukraine waned and focus shifted to a key U.S. inflation reading due later in the day that could provide additional clues on the Federal Reserve's rate outlook.
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Australian Market Swings To Modest Gains In Mid-market

Australian Market Swings To Modest Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.
RTTNews | 4घंटे 37 मिनट पहले
Asian Markets Mixed Amid Caution Trades

Asian Markets Mixed Amid Caution Trades

Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.
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Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.
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