European Shares Fall On Tariff Worries; Travel Stocks Drag As Heathrow Airport Closes

RTTNews | 159日前
Stocktwits
European Shares Fall On Tariff Worries; Travel Stocks Drag As Heathrow Airport Closes

(RTTNews) - European stocks traded lower on Friday as investors fretted about increasing global economic uncertainties resulting from geopolitical tensions and U.S. President Donald Trump's trade tariffs.

The pan European STOXX 600 was down 0.9 percent at 548.13 after falling 0.4 percent to snap a four-day winning streak on Thursday.

The German DAX shed 0.9 percent, France's CAC 40 declined 0.8 percent and the U.K.'s FTSE 100 was down half a percent.

German telecommunications firm Freenet dropped 1 percent despite an announcement that it will launch a share buyback program in the 2025 financial year.

Douglas AG, a perfume and cosmetics retailer, plummeted 22 percent after lowering its FY2024/25 guidance due to a decline in consumer sentiment.

Steel group Salzgitter fell more than 2 percent after delivering a mixed financial performance in 2024.

Ferrexpo slumped 6 percent on liquidity worries. The iron ore pellet producer said Ukrainian tax authorities had suspended its value-added tax refund worth 512.9 million hryvnias ($12.36 million).

Travel stocks faced selling pressure after a significant power outage closed Britain's Heathrow Airport for the day. Lufthansa fell 2.3 percent, IAG lost 3 percent and Air France KLM gave up 3.1 percent.

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Indonesia Shares Tipped To Open In The Green

Indonesia Shares Tipped To Open In The Green

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 fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,935-point plateau and it may add to its winnings on Thursday.
RTTNews | 13分前
Hong Kong Shares Poised To End Two-Day Slide

Hong Kong Shares Poised To End Two-Day Slide

The Hong Kong stock market has finished lower in consecutive trading days, tumbling almost 630 points or 2.5 percent along the way. The Hang Seng Index now rests just above the 25,200-point plateau although it may find traction on Thursday.
RTTNews | 28分前
China Stock Market May Stop The Bleeding On Thursday

China Stock Market May Stop The Bleeding On Thursday

The China stock market has finished lower in two straight sessions, retreating more than 80 points or 2.1 percent along the way. The Shanghai Composite Index now sits just above the 3,800-point plateau although it's due for support on Thursday.
RTTNews | 43分前
Taiwan Stock Market May Extend Winning Streak

Taiwan Stock Market May Extend Winning Streak

The Taiwan stock market has tracked higher in three straight sessions, gathering more than 750 points or 3.1 percent along the way. The Taiwan Stock Exchange now rests just beneath the 24,520-point plateau and it may add to its winnings again on Thursday.
RTTNews | 1時13分前
Singapore Stock Market May Extend Wednesday's Gains

Singapore Stock Market May Extend Wednesday's Gains

The Singapore stock market bounced higher again on Wednesday, one day after snapping the five-day winning streak in which it had climbed almost 70 points or 1.6 percent. The Straits Times Index now sits just above the 4,245-point plateau and it may pick up steam on Thursday.
RTTNews | 1時43分前
Malaysia Bourse May Add To Its Winnings On Thursday

Malaysia Bourse May Add To Its Winnings On Thursday

The Malaysia stock market rebounded on Wednesday, one day after ending the three-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,585-point plateau and it's expected to open in the green again on Thursday.
RTTNews | 2時13分前
Higher Open Called For Japan Stock Market

Higher Open Called For Japan Stock Market

The Japan stock market bounced higher again on Wednesday, one session after ending the two-day winning streak in which it had advanced almost 200 points or 0.5 percent. The Nikkei 225 now rests just above the 42,520-point plateau and it's expected to open to the upside again on Thursday.
RTTNews | 2時28分前
KOSPI May Reclaim 3,200-Point Level

KOSPI May Reclaim 3,200-Point Level

The South Korea stock market bounced higher again on Wednesday, one day after ending the three-day winning streak in which it had improved almost 80 points or 2.6 percent. The KOSPI now sits just shy of the 3,190-point plateau and it may tick higher again on Thursday.
RTTNews | 2時43分前
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