European Stocks Close Broadly Higher

RTTNews | 777日前

(RTTNews) - European stocks closed higher on Monday, led by gains in energy sector. Investors shrugged off data showing a drop in eurozone investors sentiment, and picked up stocks amid hopes the Chinese government will announce more stimulus to boost the economy.

Investors continued to assess the outlook for monetary policies of global central banks, and looked to quarterly earnings updates.

The pan European Stoxx 600 gained 0.18%. The U.K.'s FTSE 100 advanced 0.23%, Germany's DAX and France's CAC 40 both climbed 0.45%, and Switzerland's SMI ended 0.43% up.

Among other markets in Europe, Belgium, Greece, Ireland, Netherlands, Norway, Poland, Portugal, Russia and Turkiye closed higher.

Austria, Czech Republic, Denmark, Finland, Iceland and Sweden ended weak, while Spain settled flat.

Survey results from the behavioural research institute Sentix showed Eurozone investor sentiment declined for the third straight month to hit an eight-month low in July, suggesting that the region remained in a recessionary mode and the situation is more severe than the usual summer lull.

The Sentix economic index posted -22.5 in July, which was the lowest since November 2022, when euro area was facing acute energy crisis. The reading was forecast to fall to -17.9 from -17.0 in June.

Both the current situation and expectation measures of the survey reached the lowest since November 2022.

The current situation index declined to -20.5 in July from -15.8 in the previous month. The expectations index registered -24.5, down from -18.3 in June.

In the UK market, Flutter Entertainment rallied 3.2%. Ashtead Group, Persimmon, Admiral Group, IAG, Severn Trent, IMI, Hiscox, Schrodders, IHG, Weir Group, Unite Group, Airtel Africa, BAE Systems and Shell gained 1 to 2.2%.

Shares of Future Plc, a specialist media company, soared more than 6%, after the company announced a 45-million-pound share buyback.

Ocado Group drifted down 1.76%. National Grid, Land Securities, Sainsbury (J) and Rio Tinto lost 0.9 to 1.1%. Standard Chartered, Glencore and Rightmove also ended notably lower.

In the German market, MTU Aero Engines, Commerzbank, Deutsche Bank, Bayer, Infineon and Siemens Energy gained 1.4 to 2%. Brenntag and Siemens both ended higher by about 1.25%.

Continental, RWE, E.ON, Covestro, Sartorius and BASF lost 0.6 to 1.2%.

In Paris, Safran, Saint Gobain, Alstom, L'Oreal, Schneider Electric, Carrefour, Hermes International, Air Liquide, Airbus and STMicroElectronics gained 0.7 to 1.5%.

Engie and WorldLine both shed about 1.25%. Vivendi, Teleperformance, Unibail Rodamco and ArcelorMittal also ended weak.

Beter Bed Holding N.V. soared 95.25% after the Dutch company accepted a bid from Torqx Capital Partners, which values the firm at 168 million euros.

China Stock Market Due For Consolidation

The China stock market has moved higher in four straight sessions, advancing almost 160 points or 4.4 percent along the way. The Shanghai Composite Index now sits just above the 3,880-point plateau although it may see profit taking on Tuesday.

RTTNews | 18分前

Taiwan Bourse May Hand Back Monday's Gains

The Taiwan stock market bounced higher again on Monday, one session after ending the two-day winning streak in which it had gained more than 600 points or 2.6 percent. The Taiwan Stock Exchange now rests just above the 24,275-point plateau although it's expected to open to the downside on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water. For the day, the index surged 512.91 points or 2.16 points to finish at 24,277.38 after trading between 24,108.75 and 24,362.02. Among the actives, Mega Financial and United Microelectronics Corporation both eased 0.12 percent, while Fubon Financial jumped 1.93 percent, E Sun Financial and Formosa Plastics both sank 0.74 percent, Taiwan Semiconductor Manufacturing Company accelerated 3.08 percent, Hon Hai Precision rallied 2.47 percent, Largan Precision added 0.42 percent, MediaTek soared 3.30 percent, Novatek Microelectronics climbed 1.18 percent, Nan Ya Plastics surged 3.53 percent, Asia Cement gained 0.40 percent and Cathay Financial, CTBC Financial and Catcher Technology were unchanged.

RTTNews | 48分前

Singapore Stock Market Tipped To Open In The Red

The Singapore stock market has climbed higher in five straight sessions, improving almost 70 points or 1.6 percent along the way. The Straits Times Index now sits just above the 4,255-point plateau although investors may lock in gains on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 1時18分前

Rally May Stall For Malaysia Stock Market

The Malaysia stock market has moved higher in three straight sessions, collecting almost 15 points or 0.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it's likely to open to the downside on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 1時48分前

Japan Stock Market May Spin Its Wheels On Tuesday

The Japan stock market has moved higher in back-to-back sessions, gathering almost 200 points or 0.5 percent along the way. The Nikkei 225 now rests just above the 42,800-point plateau although it may be stuck in neutral on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water. The Nikkei finished modestly higher on Monday following gains from the financial shares, weakness from the technology stocks and a mixed picture from the automobile companies. For the day, the index advanced 174.53 points or 0.41 percent to finish at 42,807.82 after trading between 42,681.37 and 43,201.42. Among the actives, Nissan Motor accelerated 3.15 percent, while Mazda Motor shed 0.55 percent, Toyota Motor eased 0.10 percent, Honda Motor climbed 1.01 percent, Softbank Group soared 3.53 percent, Mitsubishi UFJ Financial dipped 0.11 percent, Mizuho Financial collected 0.79 percent, Sumitomo Mitsui Financial added 0.41 percent, Mitsubishi Electric rose 0.35 percent, Sony Group slumped 1.11 percent, Panasonic Holdings lost 0.49 percent and Hitachi fell 0.24 percent.

RTTNews | 2時3分前

KOSPI May Run Out Of Steam On Tuesday

The South Korea stock market has tracked higher in three straight sessions, collecting almost 80 points or 2.6 percent along the way. The KOSPI now sits just shy of the 3,210-point plateau although it's due for consolidation on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2時18分前

RBA Minutes On Tap For Tuesday

The Reserve Bank of Australia will on Tuesday release the minutes from its August 12 monetary policy meeting, highlighting a modest day for Asia-Pacific economic activity.

RTTNews | 3時18分前

U.S. Dollar Climbs Against Majors

The U.S. dollar strengthened against its major counterparts in the New York session on Monday.

RTTNews | 4時30分前

EURUSD	1.16376	GBPUSD	1.34708	AUDUSD	0.64874
USDJPY	147.326	USDCAD	1.38505	USDCHF	0.80435