European Shares Mostly Higher With Flash PMI Readings In Focus

RTTNews | 185 hari yang lalu

(RTTNews) - European stocks were slightly higher on Friday, with earnings and flash PMI readings in focus.

Activity in Germany's manufacturing sector improved more-than-expected in February, while services sector activity deteriorated slightly, according to a report published by the HCOB survey.

The flash readings for France's private sector signaled the steepest downturn since September 2023.

Elsewhere, U.K. retail sales expanded at the fastest pace in eight months in January due to the rebound in food store sales volume, the Office for National Statistics said.

Retail sales volume increased 1.7 percent in January from December. The monthly growth confounded a revised fall of 0.6 percent in December.

This was the first increase in five months and was also stronger than the expected growth of 0.4 percent.

The pan European STOXX 600 rose 0.3 percent to 552.37 but was on track for a small weekly loss following U.S. President Donald Trump's tariff threats.

The German DAX was marginally higher ahead of Sunday's snap election. France's CAC 40 gained 0.3 percent and the U.K.'s FTSE 100 was flat with a positive bias.

Spanish energy firm Repsol fell 1.2 percent after cutting its 2030 target for green hydrogen production by up to 63 percent.

Air Liquide jumped 3.2 percent. The French industrial gases supplier lifted its medium-term operating margin guidance after posting 2024 sales slightly above expectations.

Swiss construction chemicals maker Sika AG climbed 2.6 percent on posting improved full-year earnings.

British food processing and retailing company Associated British Foods advanced 1.3 percent after launching the second tranche of its share buyback program.

Standard Chartered jumped 5.4 percent as it posted strong annual earnings and announced a $1.5 bln share buyback.

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.

RTTNews | 15 minit yang lalu

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.

RTTNews | 36 minit yang lalu

Sensex, Nifty Seen Lower As US Notifies India Of Additional Tariffs

Indian shares may open on a weak note on Tuesday as enthusiasm over potential Federal Reserve rate cuts faded and caution set in ahead of the release of crucial U.S. inflation data as well as Nvidia quarterly results.

RTTNews | 1j 7min yang lalu

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 1j 47min yang lalu

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.

RTTNews | 2j 15min yang lalu

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2j 17min yang lalu

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2j 32min yang lalu

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, recouping the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains gold miners.

RTTNews | 2j 35min yang lalu

EURUSD	1.16278	GBPUSD	1.34554	AUDUSD	0.64755
USDJPY	147.706	USDCAD	1.38578	USDCHF	0.80554