DAX Slips On Growth Worries

RTTNews | 727日前
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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Swiss Stocks Slip On Late Selling; SMI Ends 0.34% Down

Swiss Stocks Slip On Late Selling; SMI Ends 0.34% Down

The Switzerland market closed weak on Monday as a few stocks tumbled on selling pressure in the final hour of the day's session. The market got off to a firm start, in line with markets across Europe, as news about the U.S. and European Union agreed on a trade deal over the weekend. However, the mood turned cautious as the day progressed, and the market eventually closed on a weak note.
RTTNews | 1時0分前
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RTTNews | 1時26分前
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RTTNews | 2時40分前
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RTTNews | 6時7分前
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The U.K. market is down slightly a little past noon on Monday, having shed early gains, as investors await a slew of corporate earnings announcements due this week. Reports about the EU and U.S. arriving at a trade deal lifted sentiment in European markets this morning, but most of the major markets are off early highs with the focus shifting to earnings and economic data.
RTTNews | 7時5分前
CAC 40 Up Over 0.5% As Trade Tensions Ease

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After opening on a firm note, French stocks gave up some gains Monday morning as investors turned a bit cautious, looking ahead to some crucial earnings and economic data due this week. The positive start came amid easing concerns over tariff as the U.S. and EU arrived at a trade deal over the weekend.
RTTNews | 7時25分前