DAX Slips On Growth Worries

RTTNews | 723 days ago
DAX Slips On Growth Worries

(RTTNews) - German stocks fell on Tuesday amid growth concerns after a survey showed German manufacturing activity slumped in July.

The headline HCOB Germany Manufacturing PMI dropped to 38.8 in the month, marking the lowest reading since May 2020.

The benchmark DAX was down 112 points, or 0.7 percent, at 16,334 after closing 0.1 percent lower on Monday.

DHL owner Deutsche Post slumped 4.4 percent after it reported a fall in Q2 earnings and revenue.

Commercial vehicle manufacturer Daimler Truck Holding fell more than 2 percent after incoming orders dropped in the second quarter.

TeamViewer jumped 9 percent after the software company reported strong earnings for the second quarter, thanks to higher revenue and lower financial costs.

Real estate investment manager Patrizia SE dropped half a percent after an announcement that Asoka Woehrmann, its CEO Designate since May, has taken over the position of sole CEO from Wolfgang Egger effective today.

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Australian Market Maintains Early Losses In Mid-market

Australian Market Maintains Early Losses In Mid-market

The Australian stock market is maintaining its early losses in mid-market moves on Friday and extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,700 level, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
RTTNews | 1h 27min ago
Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, as traders are cautious and optimistic that the U.S. will sign up more deals with its remaining trading partners before President Donald Trump's Aug. 1 deadline. The UK, China, Vietnam, and Indonesia have already struck deals, while Canada, India, South Korea, and the EU are ramping up their efforts.
RTTNews | 1h 41min ago
Sensex, Nifty Set To Extend Losses

Sensex, Nifty Set To Extend Losses

Indian shares look set to open lower on Friday as investors fret over stalled India-U.S. trade deal, slowing earnings growth and continued selling by foreign portfolio investors.
RTTNews | 2h 15min ago
Rebound Anticipated For Thai Stock Market

Rebound Anticipated For Thai Stock Market

The Thai stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had spiked more than 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just above the 1,210-point plateau although it's expected to bounce higher again on Friday.
RTTNews | 2h 49min ago
Japanese Market Notably Lower

Japanese Market Notably Lower

Reversing some of the strong gains in the previous two sessions, the Japanese market is notably lower on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling well above the 41,650 level, with weakness across most sectors led by exporters, automakers and financial stocks.
RTTNews | 3h 11min ago
Higher Open Called For Indonesia Stock Market

Higher Open Called For Indonesia Stock Market

The Indonesia stock market has moved higher in back-to-back sessions, advancing more than 180 points or 2.6 percent along the way. The Jakarta Composite Index now sits just above the 7,530-point plateau and it may open to the upside again on Friday.
RTTNews | 3h 19min ago
Hong Kong Shares May Be Stuck In Neutral On Friday

Hong Kong Shares May Be Stuck In Neutral On Friday

The Hong Kong stock market has moved higher in five straight sessions, gathering almost 1,300 points or 5.1 percent in that span. The Hang Seng Index now sits just beneath the 25,670-point plateau although it's expected to see profit taking on Friday.
RTTNews | 3h 34min ago