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DAX Holds Steady Ahead Of Fed Decision
(RTTNews) - German stocks were steady on Wednesday as investors reacted to mixed manufacturing data from China and awaited the Federal Reserve's interest-rate decision later in the day for direction.
The benchmark DAX was up 0.1 percent at 15,144 after ending marginally higher the previous day.
Hannover Re shares slumped 4.3 percent. In order to take account of the growth in the property and casualty reinsurance portfolio and the increased loss expectation from natural catastrophes, the reinsurer has increased its net major-loss budget for 2023 to 1.725 billion euros.
Software AG plunged 13 percent. The company reported that, on an organic basis, EBIT was 43.1 million euros in the fourth quarter compared to 32.2 million euros, prior year.
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Hong Kong Shares Tipped To Open In The Green
The Hong Kong stock market rebounded on Thursday, one day after ending the two-day winning streak in which it had picked up more than 775 points or 2.8 percent. The Hang Seng Index now rests just above the 25,960-point plateau and it's got a solid lead for Friday's trade.
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18 minutes ago
China Stock Market May Add To Its Winnings On Friday
The China stock market ticked higher again on Thursday, one day after halting the two-day winning streak in which it had advanced more than 75 points or 1.9 percent. The Shanghai Composite Index now sits just above the 3,920-point plateau and it may see additional support on Friday.
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33 minutes ago
Australian Market Slightly Higher
The Australian stock market is trading slightly higher on Friday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 9,000 mark, with gains in iron ore miners and technology stocks partially offset by weakness in gold miners and financial stocks.
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46 minutes ago
Taiwan Stock Market May Find Traction On Friday
The Taiwan stock market has finished lower in back-to-back sessions, slumping more than 220 points or 0.8 percent along the way. The Taiwan Stock Exchange now sits just above the 27,530-point plateau although it may stop the bleeding on Friday.
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1h 3min ago
Win Streak May Continue For Singapore Stock Market
The Singapore stock market has moved higher in three straight sessions, collecting almost 90 points or 2 percent along the way. The Straits Times Index now rests just above the 4,415-point plateau and it may add to its winnings on Friday.
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1h 33min ago
Japan Overall Inflation Climbs 2.9% On Year In September
Overall consumer prices in Japan were up 2.9 percent on year in September, the Ministry of Internal Affairs and Communication said on Friday.
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1h 56min ago
Malaysia Bourse May Remain Rangebound On Friday
The Malaysia stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had picked up less than a point. The Kuala Lumpur Composite Index now sits just beneath the 1,610-point plateau and it's likely to remain in that neighborhood again on Friday.
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2h 3min ago
Japan Stock Market May Halt Losing Streak
The Japanese stock market has finished lower in back-to-back sessions, retreating more than 675 points or 1.4 percent in that span. The Nikkei 225 now sits just above the 48,640-point plateau although it may find traction on Friday.
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2h 18min ago
