DAX Rises Nearly 300 Points On Results, Trade Deal Hopes

RTTNews | 95 일 전

(RTTNews) - German stocks are up sharply on Thursday thanks to some upbeat earnings announcements and easing concerns about tariff tensions. Investors are also looking ahead to the monetary policy announcements from the Federal Reserve and the Bank of England.

Optimism on the trade front has increased after the U.S. President Donald Trump said that he would soon announce "a major trade deal with representatives of a big and highly respected country."

According to reports, the U.S. President is likely to announce a framework of a trade deal with the U.K. Meanwhile, representatives of the U.S. and China are set to meet in Switzerland this weekend for trade talks.

The benchmark DAX was up 291.36 points or 1.26% at 23,409.00 a little while ago.

Siemens Energy is up 3.5% after reporting second-quarter net income of 433 million euros or 0.49 euros per share from 68 million euros or 0.08 euros per share in the same quarter last year.

Infineon Technologies is gaining more than 3.5% despite lower earnings. The semiconductor manufacturer reported profit from continuing operations before income taxes of 293 million euros for the second quarter, significantly lower than 487 million euros in the same quarter a year ago, mainly due to higher operating expenses as well as lower revenue.

Heidelberg Materials is also up by about 3.5%. The company reported that its first-quarter result from current operations rose to 235 million euros from 232 million euros, a year ago.

Shares of sportswear maker Puma are rising more than 7%. The company reported sharply lower profit in its first quarter with higher expenses and lower sales. However, the firm maintained its fiscal 2025 outlook, and said it is on track to have approximately 500 corporate positions reduced globally by the end of the second quarter 2025.

BMW, Porsche, Volkswagen, Siemens, Rheinmetall, Daimler Truck Holding, SAP and Zalando are up 2 to 3%.

Porsche Automobil Holding, Deutsche Post, Continental, Adidas and Beiersdorf are also up with strong gains.

Mercedes-Benz is down more than 6%. Hannover Rueck is lower by nearly 3%, while Commerzbank, E.ON., Henkel and Siemens Healthineers are down 0.6 to 1%.

In economic releases, Germany's industrial production increased 3% month-on-month in March, in contrast to the 1.3% decrease in February, data from Destatis revealed. Output was expected to grow 0.9%.

German exports increased 1.1% on a monthly basis in March, but this was weaker than February's 1.8% gain, separate set of data showed. Shipments were expected to climb 1%.

Taiwan Shares May Run Out Of Steam On Tuesday

The Taiwan stock market has moved higher in three straight sessions, rallying more than 685 points or 2.9 percent along the way. The Taiwan Stock Exchange now sits just above the 24,135-point plateau although it may be stuck in neutral on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 12 분 전

Singapore Q2 GDP Climbs 4.4% On Year

Singapore's gross domestic product expanded 4.4 percent on year in the second quarter of 2025, the Ministry of Trade and Industry said on Tuesday - beating forecasts for 4.3 percent, which would have been unchanged.

RTTNews | 19 분 전

Singapore Bourse May Give Up Support At 4,200 Points

The Singapore stock market has finished lower in two straight sessions, slipping more than 25 points or 0.6 percent along the way. The Straits Times Index now sits just above the 4,230-point plateau and it may extend its losses on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 42 분 전

Rally May Stall For Malaysia Stock Market

The Malaysia stock market has moved higher in five straight sessions, collecting more than 35 points or 2.4 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,560-point plateau although it's due for consolidation on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 1 시간 12 분 전

Win Streak May End For Japan Stock Market

Ahead of Monday's holiday for Mountain Day, the Japan stock market had moved higher in four consecutive sessions, advancing more than 1,580 points or 3.8 percent along the way. The Nikkei 225 now sits just above the 41,820-point plateau although investors are likely to lock in gains on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red. The Nikkei finished sharply higher on Friday with gains cross the board, especially among the finance, automobile and technology sectors. For the day, the index surged 761.38 points or 1.85 percent to finish at 41,820.48 after trading between 41,248.05 and 42,033.92. Among the actives, Nissan Motor accelerated 2.75 percent, while Mazda Motor spiked 4.91 percent, Toyota Motor jumped 3.47 percent, Honda Motor rallied 3.95 percent, Softbank Group skyrocketed 10.39 percent, Mitsubishi UFJ Financial collected 0.64 percent, Mizuho Financial advanced 1.02 percent, Sumitomo Mitsui Financial added 0.71 percent, Mitsubishi Electric fell 0.28 percent, Sony Group soared 3.50 percent, Panasonic Holdings climbed 1.16 percent and Hitachi rose 0.50 percent. The lead from Wall Street is negative as the major averages opened mixed on Monday, rallied midday but then slumped in the afternoon and finished under water.

RTTNews | 1 시간 27 분 전

Continued Consolidation Called For South Korea Shares

The South Korea stock market has finished lower in back-to-back sessions, sinking more than 20 points or 0.6 percent along the way. The KOSPI now sits just above the 3,200-point plateau and it may take further damage again on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 1 시간 42 분 전

Australia Interest Rate Decision On Tap For Tuesday

The Reserve Bank of Australia will wrap up its monetary policy meeting this morning and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBA is expected lower its benchmark lending rate by 25 basis points, to 3.60 percent from 3.85 percent.

RTTNews | 2 시간 42 분 전

U.S. Dollar Firms Against Majors

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

RTTNews | 4 시간 4 분 전

EURUSD	1.16181	GBPUSD	1.34321	AUDUSD	0.65206
USDJPY	148.339	USDCAD	1.37765	USDCHF	0.81187