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DAX Slips As Growth Worries Resurface
(RTTNews) - German stocks slipped on Tuesday as weak Chinese GDP data rekindled worries about slowing global growth.
The benchmark DAX was down 23 points, or 0.2 percent, at 15,111 after rising 0.3 percent in the previous session.
Nordex AG, a wind turbine maker, fell 1.6 percent after it posted a decline in order intake for its wind turbines the fourth-quarter and full-year, amidst a challenging market environment.
Luxury fashion brand Hugo Boss AG dropped 1.3 percent. The company said that its fourth-quarter preliminary sales grew 18 percent to 1.07 billion euros from last year's 905 million euros. Quarterly sales exceeded the 1 billion euros mark for the first time in its history.
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Sensex, Nifty Seen Higher As Investors React To GST Meeting Outcome
Indian shares look set to open higher on Thursday after the Goods and Services Tax (GST) Council approved a new dual-slab structure of 5 percent and 18 percent, and scrapped the existing 12 percent and 28 percent rates, in a landmark move aimed at simplifying India's indirect tax regime.
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Thai Shares Tipped To Open In The Green On Thursday
The Thai stock market has moved higher in three straight sessions, adding almost 24 points or 2 percent in that span. The Stock Exchange of Thailand now sits just shy of the 1,260-point plateau and it's got a positive lead again for Thursday's trade.
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Additional Support Predicted For Indonesia Stock Market
The Indonesia stock market has moved higher in back-to-back sessions, gathering almost 140 points or 1.8 percent along the way. The Jakarta Composite Index now rests just above the 7,885-point plateau and it's expected to open to the upside again on Thursday.
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Japanese Market Significantly Higher
The Japanese market is trading significantly higher on Thursday, reversing the losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving up 500 points to well above the 42,400 level, with gains across all sectors led by index heavyweights and technology stocks.
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Hong Kong Shares Poised To End Losing Streak
The Hong Kong stock market has moved lower in two straight sessions, sinking more than 270 points or 1.1 percent in that span. The Hang Seng Index now sits just shy of the 25,350-point plateau although it may stop the bleeding on Thursday.
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Australian Market Notably Higher
The Australian market is trading notably higher on Thursday, snapping a three-session losing streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,800 level, with gains in mining, financial and technology stocks partially offset by weakness in energy stocks.
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Higher Open Called For China Stock Market
The China stock market has moved lower in consecutive trading days, dropping more than 60 points or 1.5 percent along the way. The Shanghai Composite Index now sits just above the 3,810-point plateau although it may find traction on Thursday.
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Tech Shares May Fuel Taiwan Stock Market
The Taiwan stock market on Wednesday ended the four-day losing streak in which it had dropped more than 500 points or 2 percent. The Taiwan Stock Exchange now sits just above the 24,100-point plateau and it's tipped to open in the green again on Thursday.
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