DAX Slides As Italy's Draghi Resigns

RTTNews | 1069 hari yang lalu
DAX Slides As Italy's Draghi Resigns

(RTTNews) - German stocks fell on Thursday after Italian Prime Minister Mario Draghi offered his resignation to the president, in a move that will raise the prospect of snap elections as soon as early October.

Meanwhile, Russia resumed natural gas supplies to Germany, helping to ease worries about fallout on the economy.

The euro wilted as investors braced for the interest-rate decision from the European Central bank. A 25-bps hike is already priced in by markets.

The benchmark DAX slipped 110 points, or 0.8 percent, to 13,172 after declining 0.2 percent the previous day.

SAP tumbled 3.6 percent after the business software company lowered its 2022 profit outlook.

Sartorius soared 7.5 percent. The pharmaceutical and laboratory equipment supplier confirmed its 2022 outlook after reporting encouraging first-half results.

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Australian Market Slips To Slight Loss In Mid-market

Australian Market Slips To Slight Loss In Mid-market

The Australian stock market is slipping to a slight loss in mid-market moves on Wednesday after opening in the green, reversing some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to 8,550 level, with weakness in mining and energy stocks partially offset by gains in financial and technology stocks.
RTTNews | 36 minit yang lalu
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, as traders in the region cheered the news of a ceasefire between warring Israel and Iran is now in effect. While both sides have accused each other of violating the ceasefire, traders appeared to remain optimistic about easing tensions in the Middle East.
RTTNews | 41 minit yang lalu
Sensex, Nifty Set For Positive Open

Sensex, Nifty Set For Positive Open

Indian shares look set to open on a positive note Wednesday after oil prices plummeted for a second straight day in the wake of comments from U.S. President Donald Trump that China can continue buying Iranian oil and that he hopes the country will also be purchasing "plenty" from the U.S.
RTTNews | 1j 17min yang lalu
Higher Open Called For Thai Stock Market

Higher Open Called For Thai Stock Market

The Thai stock market on Tuesday ended the eight-day losing streak in which it had stumbled more than 80 points or 7 percent. The Stock Exchange of Thailand now sits just above the 1,100-point plateau and it's expected to extend those gains on Wednesday.
RTTNews | 1j 44min yang lalu
Japanese Market Slightly Lower

Japanese Market Slightly Lower

The Japanese stock market is slightly lower in choppy trading on Wednesday after opening in the green, reversing some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is staying below the 38,800 level, with weakness in index heavyweights, automakers and financial stocks partially offset by gains in technology stocks.
RTTNews | 2j 7min yang lalu
Indonesia Stock Market Tipped To Open In The Green On Wednesday

Indonesia Stock Market Tipped To Open In The Green On Wednesday

The Indonesia stock market on Tuesday ended the four-day losing streak in which it had dropped more than 370 points or 5 percent. The Jakarta Composite Index now sits just shy of the 6,870-point plateau and it's expected to see continued strength on Wednesday.
RTTNews | 2j 14min yang lalu
Oversold Hong Kong Bourse Expected To Open Higher On Wednesday

Oversold Hong Kong Bourse Expected To Open Higher On Wednesday

The Hong Kong stock market has finished higher in three straight sessions, climbing more than 930 points or 3.9 percent along the way. The Hang Seng Index now sits just above the 24,175-point plateau and it's expected to open to the upside again on Wednesday.
RTTNews | 2j 29min yang lalu
Australian Market Slightly Higher

Australian Market Slightly Higher

Australian shares are trading slightly higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying above the 8,550 level, following the broadly positive cues from Wall Street overnight, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
RTTNews | 2j 43min yang lalu