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DAX Marginally Lower On Middle East Concerns

RTTNews | 673 hari yang lalu

DAX Marginally Lower On Middle East Concerns

(RTTNews) - German stocks were subdued on Wednesday, with concerns over rising oil prices and escalating tensions in the Middle East keeping investors nervous.

On the positive side, China reported better-than-expected GDP, retail sales and industrial output data, suggesting that Beijing's stimulus measures to prop up banking and property sectors are gaining traction.

The benchmark DAX was down 15 points at 15,236 after ending on a flat note Tuesday. Sportswear firm Adidas jumped more than 4 percent after raising its 2023 revenue guidance.

Infineon Technologies rose 0.6 percent. The German semiconductor maker, Hyundai Motor Co., and Kia Corp. have signed a multi-year supply deal for silicon carbide and silicon power semiconductors. The financial terms of the agreement were not disclosed.

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CAC 40 Moderately Lower

CAC 40 Moderately Lower

French stocks are exhibiting weakness on Thursday in cautious trade, with investors awaiting speeches from central bank chiefs at the Jackson Hole Symposium, which gets underway later in the day. Investors are also digesting flash survey figures on regional manufacturing and services sector activity in the month of August.

RTTNews | 23 minit yang lalu

Eurozone Private Sector Expands At Fastest Pace In 15 Months

Eurozone Private Sector Expands At Fastest Pace In 15 Months

Eurozone private sector expanded at the fastest pace in 15 months in August on stronger growth in manufacturing output despite challenges posed by U.S. trade tariffs. The HCOB flash composite output index climbed more-than-expected to 51.1 in August from 50.9 in July, survey results from S&P Global revealed Thursday. The score was seen at 50.7.

RTTNews | 27 minit yang lalu

DAX Down Marginally

DAX Down Marginally

German stocks are down in negative territory on Thursday with investors making cautious moves while looking ahead to Fed Chair Jerome Powell's speech at the Jackson Hole Symposium for clues about the central bank's likely move on rate cuts this year.

RTTNews | 41 minit yang lalu

Sensex, Nifty Extend Gains For Sixth Day On GST Optimism

Sensex, Nifty Extend Gains For Sixth Day On GST Optimism

Indian shares extended gains for a sixth day running on Thursday as investors continued to remain optimistic about S&P's rating upgrade for India, improving Sino-India relations and the Centre's plan to rationalize Goods and Services Tax (GST).

RTTNews | 56 minit yang lalu

Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Thursday.

RTTNews | 1j 59min yang lalu

European Shares Subdued Ahead Of Jackson Hole Summit

European Shares Subdued Ahead Of Jackson Hole Summit

European stocks were little changed on Thursday as investors looked ahead to Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium for hints of possible rate cuts this year.

RTTNews | 2j 7min yang lalu

Indian Rupee Rises To 2-day High On Upbeat India's PMI Data

Indian Rupee Rises To 2-day High On Upbeat India's PMI Data

The Indian rupee strengthened against the U.S. dollar in the European session on Thursday, after India's private sector activity expanded at the fastest pace on record amid sharp growth in new orders.

RTTNews | 2j 18min yang lalu

Asian Shares Mixed As Investors Await Powell Speech

Asian Shares Mixed As Investors Await Powell Speech

Asian stocks ended mixed on Thursday as investors awaited policy signals from Federal Reserve Chair Jerome Powell, who is expected to speak on Friday at the Fed's annual conference in Jackson Hole, Wyoming.

RTTNews | 2j 38min yang lalu

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