DAX Edges Lower On US Rate Uncertainty

RTTNews | 596天前
DAX Edges Lower On US Rate Uncertainty

(RTTNews) - German stocks traded lower on Thursday due to year-end profit booking.

Amid interest rate uncertainty, traders looked ahead to the release of the final estimates of U.S. third-quarter GDP data later in the day and the Fed's preferred inflation gauge on Friday for direction.

The benchmark DAX was down 65 points, or 0.4 percent, at 16,667 after finishing marginally lower the previous day.

Commerzbank shares jumped 3 percent. The lender said it has received an approval from the European Central Bank for a new share buyback program with a volume of up to 600 million euros.

Automakers traded lower, with BMW, Mercedes Benz and Volkswagen falling 1-2 percent. Drug major Merck & Co was little changed. The company said that the U.S. FDA has issued a Complete Response Letter regarding its New Drug Application for gefapixant under development for the treatment of refractory chronic cough in adults.

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Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian stock market is trimming its early losses in mid-market moves on Friday, extending the slight losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,850 level, with weakness in financial and technology stocks partially offset by gains in mining stocks.
RTTNews | 45分鐘前
Asian Markets Mixed Amid Tariff Caution

Asian Markets Mixed Amid Tariff Caution

Asian stock markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, as uncertainty continues over US reciprocal tariffs despite the tariff's kicking in on Thursday. Market uncertainty is created by the pressure tactics exerted by the US by constantly altering tariffs. Asian markets ended mostly higher on Thursday.
RTTNews | 48分鐘前
Sensex, Nifty Set To Open Lower On Trade Concerns

Sensex, Nifty Set To Open Lower On Trade Concerns

Indian shares look set to open on a sluggish note Friday as U.S. President has ruled out any possibility of trade negotiations with India and Prime Minister Narendra Modi said India would not compromise on the interests of its farmers, fishermen or livestock rearers, even if it meant paying "a heavy personal price."
RTTNews | 1小時30分鐘前
Thai Stock Market May Spin Its Wheels On Friday

Thai Stock Market May Spin Its Wheels On Friday

The Thai stock market has moved higher in four straight sessions, gathering almost 50 points or 4.1 percent along the way. The Stock Exchange of Thailand now sits just above the 1,265-point plateau although it may be stuck in neutral on Friday.
RTTNews | 2小時3分鐘前
Continued Consolidation Called For Indonesia Stock Market

Continued Consolidation Called For Indonesia Stock Market

The Indonesia stock market has finished lower in back-to-back sessions, slipping more than 25 points or 0.3 percent in that span. The Jakarta Composite Index now sits just above the 7,490-point plateau and it may take further damage on Friday.
RTTNews | 2小時33分鐘前
Japanese Market Sharply Higher; Up 2%

Japanese Market Sharply Higher; Up 2%

Extending the gains in the previous three sessions, the Japanese market is sharply higher on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is jumping almost 2 percent to above the 41,850 level, with gains across all sectors led by index heavyweights, exporters and technology stocks.
RTTNews | 2小時37分鐘前
Consolidation Likely For Hong Kong Shares

Consolidation Likely For Hong Kong Shares

The Hong Kong stock market has moved higher in four straight sessions, advancing more than 570 points or 2.4 percent along the way. The Hang Seng Index now rests just above the 25,080-point plateau although it may see some profit taking on Friday.
RTTNews | 2小時48分鐘前
Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is trading notably lower on Friday, extending the slight losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,800 level, with weakness in energy, financial and technology stocks partially offset by gains in mining stocks.
RTTNews | 2小時58分鐘前