Reklāma
DAX Slips On Growth Worries
(RTTNews) - German stocks traded lower on Friday amid concerns that higher interest rates could weigh on global growth.
Survey data released earlier today showed that business activity across Germany fell for the third month in a row in September amid a sustained decline in demand for goods and services.
The HCOB Composite PMI, compiled by S&P Global, rose to 46.2 in September from August's 39-month low of 44.6, but came in below forecasts for a score of 47.2.
Services activity decreased fractionally, while manufacturing PMI increased slightly but remained deep in contraction territory, the survey showed.
The benchmark DAX was down 57 points, or 0.4 percent, at 15,515 after losing 1.3 percent in the previous session.
read more
FTSE Up Nearly 0.6%; Miners Among Top Gainers
The U.K. market remains well placed in positive territory in early afternoon trades on Wednesday, coming back strongly after posting a notable loss in the previous session. Mining stocks are among the prominent gainers.
RTTNews
|
25 minutes ago
CAC 40 Up Nearly 1%; Schneider Electric Rises Over 3.5%
French stocks are up firmly in positive territory on Wednesday, recovering strongly after suffering a setback in the previous session amid concerns over debt sustainability in major economies across Europe and Asia, and political uncertainty in France.
RTTNews
|
1h 3min ago
Sensex, Nifty End Higher After Choppy Trade
Indian shares closed higher on Wednesday despite weak cues from global markets as investors grappled with rising bond yields and renewed trade uncertainty.
RTTNews
|
1h 53min ago
DAX Moderately Higher As Stocks Recover After Recent Tumble
The German market is gaining some ground in positive territory on Wednesday, with several counters attracting buyers after suffering a sharp setback in the previous session amid uncertainty about prospects of growth in major economies in Europe.
RTTNews
|
1h 57min ago
European Shares Edge Higher After PMI Data
European stocks traded higher on Wednesday as a selloff in longer-dated bonds appeared to stabilize, and a survey showed the euro zone economy continued its slow expansion in August despite a weakening in services sector growth.
RTTNews
|
3h 12min ago
Asian Shares Decline On Rising Bond Yields, Tariff Uncertainties
Asian stocks fell broadly on Wednesday, with rising bond yields, tariff-related uncertainties and caution ahead of key U.S. employment data due later in the week keeping investors on edge.
RTTNews
|
3h 44min ago
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Wednesday.
RTTNews
|
4h 33min ago
Australia GDP Growth Accelerates In Q2
The Australian economy expanded at a faster pace in the second quarter after severe weather events damped activity in the preceding quarter, data from the Australian Bureau of Statistics revealed on Wednesday. Gross domestic product growth doubled to 0.6 percent in the June quarter from 0.3 percent in the March period. The rate also exceeded economists' forecast of 0.5 percent.
RTTNews
|
5h 33min ago
