DAX Slips On Growth Worries

RTTNews | 712 days ago
DAX Slips On Growth Worries

(RTTNews) - German stocks traded lower on Friday amid concerns that higher interest rates could weigh on global growth.

Survey data released earlier today showed that business activity across Germany fell for the third month in a row in September amid a sustained decline in demand for goods and services.

The HCOB Composite PMI, compiled by S&P Global, rose to 46.2 in September from August's 39-month low of 44.6, but came in below forecasts for a score of 47.2.

Services activity decreased fractionally, while manufacturing PMI increased slightly but remained deep in contraction territory, the survey showed.

The benchmark DAX was down 57 points, or 0.4 percent, at 15,515 after losing 1.3 percent in the previous session.

read more
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market moves on Wednesday, adding to the losses in the previous three sessions, with the benchmark S&P/ASX 200 falling well below the 8,900 level, following the broadly negative cues from Wall Street overnight, with weakness in financial and technology stocks partially offset by gains in mining stocks.
RTTNews | 1h 36min ago
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Wednesday, following the negative cues from Wall Street overnight, as traders remain cautious amid renewed uncertainty among various nations trading with the US, many of which have concluded tariff deals, after a US Appeals Court ruled that US President Donald Trump's "reciprocal tariffs" are illegal. Asian markets closed mixed on Tuesday.
RTTNews | 1h 39min ago
Win Streak May End For Thai Stock Market

Win Streak May End For Thai Stock Market

The Thai stock market has moved higher in back-to-back sessions, adding more than a dozen points or 1 percent in that span. The Stock Exchange of Thailand now sits just shy of the 1,250-point plateau although the rally may stall on Wednesday.
RTTNews | 3h 34min ago
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Wednesday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 42,250 level, with weakness in index heavyweights, financial and technology stocks partially offset by gains in exporter stocks.
RTTNews | 3h 58min ago
Lower Open Called For Hong Kong Stock Market

Lower Open Called For Hong Kong Stock Market

The Hong Kong stock market on Wednesday ended the two-day winning streak in which it had picked up almost 620 points or 2.4 percent. The Hang Seng Index now sits just shy of the 25,500-point plateau and it's expected to open in the red again on Wednesday.
RTTNews | 4h 19min ago
Australian Market Notably Lower

Australian Market Notably Lower

Australian shares are trading notably lower on Wednesday, adding to the losses in the previous three sessions, with the benchmark S&P/ASX 200 falling well below the 8,900 level, following the broadly negative cues from Wall Street overnight, with weakness in financial and technology stocks partially offset by gains in mining stocks.
RTTNews | 4h 20min ago