DAX Extends Declines As Banks Drag

RTTNews | 876 days ago
DAX Extends Declines As Banks Drag

(RTTNews) - German stocks were moving lower on Monday, as banks extended declines amid concerns around the fallout from the Silicon Valley Bank (SVB) collapse.

The benchmark DAX was down 58 points, or 0.4 percent, at 15,369 after losing 1.3 percent on Friday.

Commerzbank fell 2.6 percent and Deutsche Bank dropped 1 percent amid increased concerns over the health of the U.S. banking sector and fears of contagion.

SAP declined 1.1 percent. The software group has agreed to sell all of its 423 million shares of Qualtrics International Inc. as part of the acquisition of Qualtrics by funds affiliated with Silver Lake as well as Canada Pension Plan Investment Board.

The dollar slipped lower in early European trade after bond yields have fallen in response to the SVB news.

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Australian Market Maintains Early Gains In Mid-market

Australian Market Maintains Early Gains In Mid-market

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RTTNews | 47 minutes ago
Asian Markets Track Wall Street Lower

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RTTNews | 1h 10min ago
Sensex, Nifty Likely To Open On Flat Note On Tariff Worries

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Indian shares look set to open on a flat note Wednesday as investors react to U.S. President Donald Trump's latest tariff threats and await the Reserve Bank of India's policy announcement, with investors expecting a rate pause and dovish signals to offset rising external risks.
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Lower Open Called For Thai Stock Market

Lower Open Called For Thai Stock Market

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RTTNews | 2h 15min ago
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is slightly higher on Wednesday after opening well in the red, extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving well above the 40,550 level, with gains in automakers, exporters and financial stocks partially offset by weakness in technology stocks.
RTTNews | 2h 37min ago
Indonesia Stock Market May Open In The Red On Wednesday

Indonesia Stock Market May Open In The Red On Wednesday

The Indonesia stock market has moved higher in two of three trading days since the end of the two-day slide in which it had dropped almost 140 points or 1.9 percent. The Jakarta Composite Index now sits just above the 7,515-point plateau and it may hand back Tuesday's gains on Wednesday.
RTTNews | 2h 45min ago
Australian Market Notably Higher

Australian Market Notably Higher

Australian shares are trading notably higher on Wednesday, adding to the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 8,800 level, despite the broadly negative cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks.
RTTNews | 2h 58min ago
Hong Kong Shares Due For Consolidation On Wednesday

Hong Kong Shares Due For Consolidation On Wednesday

The Hong Kong stock market has moved higher in consecutive trading days, advancing almost 400 points or 1.7 percent along the way. The Hang Seng Index now rests just above the 24,900-point plateau although investors may lock in gains on Wednesday.
RTTNews | 3h 0min ago