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DAX Holds Steady On China Growth Optimism

RTTNews | 785日前

DAX Holds Steady On China Growth Optimism

(RTTNews) - German stocks were steady on Tuesday after China's premier said economic growth is accelerating and policymakers will take steps to boost demand.

China's GDP growth in the second quarter is likely to be higher than the first and could reach the annual economic growth target of around 5 percent, Chinese Premier Li Qiang said while addressing a World Economic Forum summit in Tianjin.

The benchmark DAX was marginally higher at 15,819 after finishing 0.1 percent lower on Monday.

Banks Commerzbank and Deutsche Bank were up 1.4 percent and 0.8 percent, respectively.

Automobile Major Porsche Automobil Holding SE fell over 1 percent.

The company has signed a 5-year revolving credit facility of 2.5 billion euros with a view to further strengthening Porsche's liquidity position.

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Japan Manufacturing PMI Improves Top 49.9 - Jibun

Japan Manufacturing PMI Improves Top 49.9 - Jibun

The manufacturing sector in Japan continued to contract in August, although at a slower rate, the latest survey from Jibun Bank revealed on Thursday with a manufacturing PMI score of 49.9.

RTTNews | 36分前

Soft Start Predicted For Taiwan Stock Market

Soft Start Predicted For Taiwan Stock Market

The Taiwan stock market has moved lower in two straight sessions, plunging more than 850 points or 3.8 percent along the way. The Taiwan Stock Exchange now sits just above the 23,625-point plateau and it's expected to at least open in the red again on Thursday.

RTTNews | 39分前

Win Streak May End For Singapore Stock Market

Win Streak May End For Singapore Stock Market

The Singapore stock market has moved higher in back-to-back sessions, collecting more than 30 points or 0.7 percent along the way. The Straits Times Index now sits just beneath the 4,220-point plateau although it figures to run out of steam on Thursday.

RTTNews | 1時9分前

Malaysia Bourse May Extend Wednesday's Losses

Malaysia Bourse May Extend Wednesday's Losses

The Malaysia stock market on Wednesday snapped the two-day winning streak in which it had picked up almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,590-point plateau and the losses may accelerate on Thursday.

RTTNews | 1時39分前

Continued Consolidation Called For Nikkei

Continued Consolidation Called For Nikkei

The Japan stock market has moved lower in two straight sessions, dropping more than 825 points or 1.9 percent along the way. The Nikkei 225 now sits just beneath the 42,890-point plateau and it may take further damage again on Thursday.

RTTNews | 1時54分前

New Zealand Has NZ$578 Million Trade Deficit

New Zealand Has NZ$578 Million Trade Deficit

New Zealand posted a merchandise trade deficit of NZ$578 million in July, Statistics New Zealand said on Thursday.

RTTNews | 2時4分前

Australia Manufacturing PMI Improves To 52.9 - S&P Global

Australia Manufacturing PMI Improves To 52.9 - S&P Global

The manufacturing sector in Australia continued to expand in August, and at a faster rate, the latest survey from S&P Global revealed on Thursday with a manufacturing PMI score of 52.9.

RTTNews | 2時5分前

KOSPI May Extend Losing Streak

KOSPI May Extend Losing Streak

The South Korea stock market has moved lower in three straight sessions, sinking almost 100 points or 3 percent along the way. The KOSPI now sits just above the 3,130-point plateau and it may tick lower again on Thursday.

RTTNews | 2時9分前

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