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DAX Marginally Lower After PMI Data
(RTTNews) - German stocks were slightly lower on Tuesday amid growing Sino-U.S. tensions and no agreement in talks over a deal to raise the U.S. debt ceiling.
Meanwhile, German business activity expanded for a fourth month running in May as a services sector revival more than offset decline in manufacturing activity, in Europe's largest economy, a preliminary survey showed earlier today.
The HCOB German flash composite purchasing managers' index (PMI), compiled by S&P Global, rose to 54.3 in May from 54.2 in April - expanding at the fastest pace in over a year. Analysts were looking for a reading of 53.5.
The benchmark DAX was down 20 points, or 0.1 percent, at 16,204 after declining 0.3 percent in the previous session.
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Thai Shares Tipped To Open In The Green On Thursday
The Thai stock market has moved higher in three straight sessions, adding almost 24 points or 2 percent in that span. The Stock Exchange of Thailand now sits just shy of the 1,260-point plateau and it's got a positive lead again for Thursday's trade.
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15 minutes ago
Additional Support Predicted For Indonesia Stock Market
The Indonesia stock market has moved higher in back-to-back sessions, gathering almost 140 points or 1.8 percent along the way. The Jakarta Composite Index now rests just above the 7,885-point plateau and it's expected to open to the upside again on Thursday.
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45 minutes ago
Japanese Market Significantly Higher
The Japanese market is trading significantly higher on Thursday, reversing the losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving up 500 points to well above the 42,400 level, with gains across all sectors led by index heavyweights and technology stocks.
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49 minutes ago
Hong Kong Shares Poised To End Losing Streak
The Hong Kong stock market has moved lower in two straight sessions, sinking more than 270 points or 1.1 percent in that span. The Hang Seng Index now sits just shy of the 25,350-point plateau although it may stop the bleeding on Thursday.
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1h 0min ago
Australian Market Notably Higher
The Australian market is trading notably higher on Thursday, snapping a three-session losing streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,800 level, with gains in mining, financial and technology stocks partially offset by weakness in energy stocks.
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1h 13min ago
Higher Open Called For China Stock Market
The China stock market has moved lower in consecutive trading days, dropping more than 60 points or 1.5 percent along the way. The Shanghai Composite Index now sits just above the 3,810-point plateau although it may find traction on Thursday.
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1h 15min ago
Tech Shares May Fuel Taiwan Stock Market
The Taiwan stock market on Wednesday ended the four-day losing streak in which it had dropped more than 500 points or 2 percent. The Taiwan Stock Exchange now sits just above the 24,100-point plateau and it's tipped to open in the green again on Thursday.
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1h 45min ago
Rebound Anticipated For Singapore Stock Market
The Singapore stock market on Wednesday wrote a finish to the five-day winning streak in which it had climbed more than 50 points or 1.2 percent. The Straits Times Index now sits just shy of the 4,290-point plateau although it may find renewed support on Thursday.
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2h 15min ago
