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DAX Subdued As Industrial Output Falls
(RTTNews) - German stocks were trading lower on Friday amid lingering worries about the impact of rising interest rates on economic growth.
Adding to the gloomy mood, new data showed German industrial production declined more than expected in May,
Industrial production posted a monthly fall of 0.2 percent in May in contrast to the 0.3 percent increase in April, according to figures from Destatis. Output was forecast to drop 0.1 percent.
On a yearly basis, industrial production grew 0.7 percent, following a 1.7 percent rise in April.
The benchmark DAX was down 18 points, or 0.1 percent, at 15,510 after plunging 2.6 percent the previous day.
The euro was on defensive mode ahead of the all-important U.S. jobs report due later in the day.
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Indonesia Stock Market Poised To Halt Its Slide
The Indonesia stock market has moved lower in three straight sessions, sinking more than 150 points or 2.2 percent along the way. The Jakarta Composite Index now rests just above the 7,040-point plateau although it may stop the bleeding on Wednesday.
RTTNews
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27分鐘前
Japanese Market Significantly Higher
The Japanese stock market is trading significantly higher on Wednesday, reversing the slight losses in the previous three sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 37,750 level, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews
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29分鐘前
Hong Kong Shares May Extend Tuesday's Gains
The Hong Kong stock market on Tuesday snapped the two-day slide in which it had stumbled more than 410 points or 1.9 percent. The Hang Seng Index now sits just above the 23,510-point plateau and it's expected to open in the green again on Wednesday,
RTTNews
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42分鐘前
Australian Market Notably Higher
Australian shares are trading notably higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving above the 8,500 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by energy and technology stocks.
RTTNews
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49分鐘前
China Bourse Expected To Open To The Upside
The China stock market has finished higher in two of three trading days after snapping the five-day losing streak in which it had surrendered almost 50 points or 1.5 percent. The Shanghai Composite Index now sits just above the 3,360-point plateau and it may tick higher again on Wednesday.
RTTNews
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57分鐘前
Higher Open Anticipated For Taiwan Shares
The Taiwan stock market on Tuesday wrote a finish to the two-day slide in which it had dropped almost 360 points or 1.7 percent. The Taiwan Stock Exchange now sits just above the 21,125-point plateau and it may see additional support on Wednesday.
RTTNews
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1小時27分鐘前
Singapore Stock Market Tipped To Open In The Green
The Singapore stock market on Tuesday ended the two-day losing streak in which it had slipped more than 25 points or 0.6 percent. The Straits Times Index now sits just beneath the 3,900-point plateau and it may extend its gains on Wednesday.
RTTNews
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1小時57分鐘前
Malaysia Bourse Overdue For Support On Wednesday
The Malaysia stock market has moved lower in six straight sessions, slipping more than 30 points or 2.1 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,500-point plateau and it's expected to open to the upside on Wednesday.
RTTNews
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2小時27分鐘前
