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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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Sensex, Nifty Modestly Higher In Early Trade; Top Banks Decline On Weak Q4 Results
Indian shares were trading higher on Monday as firm cues from global markets helped offset disappointing earnings from the banking sector.
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1h 2min ago
Australian Market Extends Early Losses In Mid-market
The Australian stock market is extending its early losses in mid-market trading on Monday, snapping a seven-session winning streak, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,200.00 level, with weakness in energy and financial stocks partially offset by gains in iron ore miners and technology stocks.
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2h 1min ago
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Monday, following the broadly positive cues from Wall Street on Friday, with some of the major markets in the region closed, including China, Hong Kong and Japan. Traders are optimistic and react to indications China is open to trade talks with the U.S. Asian markets closed mostly higher on Friday.
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2h 11min ago
Sensex, Nifty Seen Higher At Open As Oil Prices Tumble After OPEC+ Plan
Indian shares look set to open higher on Monday as the latest U.S. jobs data came in better than expected, easing fears of a potential recession.
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2h 53min ago
Australian Market Modestly Higher
The Australian stock market is modestly higher on Monday, snapping a seven-session winning streak, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 8,200.00 level, with gains is iron ore miners and technology stocks partially offset by weakness in energy and financial stocks.
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4h 17min ago
Higher Open Anticipated For Indonesia Shares
The Indonesia stock market has moved higher in five straight sessions, advancing almost 210 points or 3.3 percent along the way. The Jakarta Composite Index now rests just above the 6,815-point plateau and it's tipped to open in the green again on Monday.
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4h 57min ago
Overbought Taiwan Bourse Nonetheless Called Higher On Monday
The Taiwan stock market has finished higher in five straight trading days, rallying more than 1,300 points or 6.4 percent in that span. The Taiwan Stock Exchange now sits just above the 20,780-point plateau and it's got another solid lead for Monday's trade.
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5h 27min ago
Australia Services PMI Slips In April - S&P Global
The services sector in Australia continued to expand in April, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a services PMI score of 51.0.
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5h 29min ago
