DAX Up Nearly 1% Amid Easing Trade Tensions

RTTNews | 58 hari yang lalu
DAX Up Nearly 1% Amid Easing Trade Tensions

(RTTNews) - German stocks are up firmly in positive territory Friday morning amid progress in U.S.-China trade talks ahead of the July 9 deadline. Easing concerns about Middle East tensions contribute as well to the positive mood in the market.

U.S. Commerce Secretary Lutnick stated that a U.S.-China trade deal outlined in Geneva has been finalized and it could be signed during the next round of talks in London in early July.

Meanwhile, a ceasefire between Israel and Iran continue to hold, easing concerns over global supply chains.

The benchmark DAX was up 219.25 points or 0.93% at 23,849.53 a little while ago.

Adidas is rising nearly 4%. Porsche is up 3.1% and Daimler Truck Holding is climbing nearly 3%. Sartorius and BMW are up 2.7% and 2.5%, respectively.

Heidelberg Materials, Siemens and Bayer are up 1.8 to 2.1%. Mercedes Benz and MTU Aero Engines are up by a little over 1.5% from their previous closing levels.

SAP, Vonovia, Deutsche Post, Volkswagen, BASF, Continental, Beiersdorf, Brenntag, Merck and Porsche Automobil Holding are also up with notable gains.

Rheinmetall is down by about 2.7%. Commerzbank is down with a modest loss of 0.4%.

The European Commission is set to release euro area economic sentiment survey results this morning. The indicator is seen at 95.1 in June, up from 94.8 in the previous month.

read more
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Monday, extending the gains in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving well above the 42,850 level, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews | 10 minit yang lalu
Indonesia Stock Market May End Losing Streak On Monday

Indonesia Stock Market May End Losing Streak On Monday

The Indonesia stock market has moved lower in two straight sessions, slipping almost 85 points or 1.1 percent along the way. The Jakarta Composite Index now sits just shy of the 7,860-point plateau although it's likely to stop the bleeding on Monday.
RTTNews | 28 minit yang lalu
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is notably higher on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weal spot.
RTTNews | 29 minit yang lalu
Hong Kong Shares Tipped To Open In The Green

Hong Kong Shares Tipped To Open In The Green

The Hong Kong stock market has moved higher in two of three trading days since the end of the four-day losing streak in which it had fallen more than 480 points or 1.7 percent. The Hang Seng Index now rests just beneath the 25,340-point plateau and it's expected to open higher again on Monday.
RTTNews | 43 minit yang lalu
China Stock Market May Extend Winning Streak

China Stock Market May Extend Winning Streak

The China stock market has moved higher in three straight sessions, advancing almost 100 points or 2.9 percent along the way. The Shanghai Composite Index now sits just above the 3,825-point plateau and it's expected to add to its winnings again on Monday.
RTTNews | 58 minit yang lalu
Rebound Anticipated For Taiwan Stock Market

Rebound Anticipated For Taiwan Stock Market

The Taiwan stock market on Friday snapped the two-day winning streak in which it had gained more than 600 points or 2.6 percent. The Taiwan Stock Exchange now rests just above the 23,760-point plateau, although it's likely to bounce higher again on Monday.
RTTNews | 1j 28min yang lalu
Singapore Stock Market May See Additional Support On Monday

Singapore Stock Market May See Additional Support On Monday

The Singapore stock market has climbed higher in four straight sessions, improving more than 65 points or 1.5 percent along the way. The Straits Times Index now sits just above the 4,250-point plateau and it's got a strong lead again for Monday's trade.
RTTNews | 1j 58min yang lalu
Malaysia Stock Market Likely To Crack Resistance At 1,600 Points

Malaysia Stock Market Likely To Crack Resistance At 1,600 Points

The Malaysia stock market has moved higher in two straight sessions, collecting almost 10 points or 0.7 percent along the way. The Kuala Lumpur Composite Index now sits just shy of the 1,600-point plateau and it's expected to open to the upside again on Monday.
RTTNews | 2j 28min yang lalu