DAX Edges Higher On Dovish Fed Commentary

RTTNews | 692天前
DAX Edges Higher On Dovish Fed Commentary

(RTTNews) - German stocks traded higher on Thursday, with dovish comments from Federal Reserve officials and declining bond yields helping underpin sentiment ahead of U.S. CPI data due out later in the day.

The benchmark DAX was up 84 points, or half a percent, at 15,543 after edging up 0.2 percent in the previous session.

Siemens Energy rose about 1 percent after it has agreed to sell its Trench business to investment firm Triton as part of many strategic decisions to sharpen its focus on its core business. The financial terms of the deal were not disclosed.

Wind turbine maker Nordex was down half a percent after reporting a decline in the average selling price per megawatt of output in the third quarter of 2023 due to regional mix effects.

Sugar producer Suedzucker was marginally lower despite lifting its full-year earnings forecast.

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Tech Shares May Fuel Taiwan Stock Market

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.
RTTNews | 15分鐘前
Rebound Anticipated For Singapore Stock Market

Rebound Anticipated For Singapore Stock Market

The Singapore stock market on Wednesday wrote a finish to the five-day winning streak in which it had climbed more than 50 points or 1.2 percent. The Straits Times Index now sits just shy of the 4,290-point plateau although it may find renewed support on Thursday.
RTTNews | 45分鐘前
Malaysia Stock Market May Add To Its Winnings On Thursday

Malaysia Stock Market May Add To Its Winnings On Thursday

The Malaysia stock market has moved higher in consecutive trading days, gathering just 3 points or 0.2 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,575-point plateau and it may extend its gains on Thursday.
RTTNews | 1小時15分鐘前
Japan Bourse May Reverse Wednesday's Losses

Japan Bourse May Reverse Wednesday's Losses

The Japanese stock market headed south again on Wednesday, one day after ending the two-day losing streak in which it had dropped almost 650 points or 1.4 percent. The Nikkei 225 now sits just beneath the 41,940-point plateau although it's likely to bounce higher again on Thursday.
RTTNews | 1小時30分鐘前
Win Streak May Continue For South Korea Shares

Win Streak May Continue For South Korea Shares

The South Korea stock market has moved higher in back-to-back trading days, collecting more than 40 points or 1.3 percent along the way. The KOSPI now rests just above the 3,180-point plateau and it may add to its winnings on Thursday.
RTTNews | 1小時45分鐘前
Australia Trade Data Due On Thursday

Australia Trade Data Due On Thursday

Australia will on Thursday release August numbers for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In July, imports were down 3.1 percent on month and exports rose 6.0 percent for a trade surplus of A$5.365 billion.
RTTNews | 2小時45分鐘前
Swiss Market Closes On Bright Note

Swiss Market Closes On Bright Note

The Switzerland market closed on a bright note on Wednesday after holding firm right through the day's trading session thanks to sustained buying at several counters from across various sectors.
RTTNews | 6小時43分鐘前