DAX Attempts A Rebound

RTTNews | Pred 770 dňami
DAX Attempts A Rebound

(RTTNews) - The DAX benchmark of the Frankfurt bourse attempted a rebound on Thursday amidst fresh earnings updates. Markets also took cognizance of the fall in producer price inflation to the lowest level since December 2020.

Annual producer inflation in Germany slowed to 0.1 percent in the month of June, compared to 1 percent in May. Markets were expecting a flat reading.

The forty-scrip DAX index is currently trading at 16,159.25, having gained 50 points or 0.31 percent on an overnight basis. The day's trading has been within the range of 16,047.55 and 16,176.75.

Only 12 of the 40 scrips in the index are currently trading in the overnight negative territory.

Healthcare business Fresenius surged 5.75 percent. Vonovia, BASF, Brenntag, Heidelberg Materials and Deutsche Post have all gained more than 1 percent.

SAP has declined more than 1 percent.

The EUR/USD pair increased 0.12 percent higher to 1.1211. The pair ranged between 1.1229 and 1.1197.

In tandem with the global rise in yields following Russia's exit from the Black Sea grain deal, the ten-year German bond yield has increased 0.48 percent to 2.4085%, versus 2.397% at the previous close.

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Asian Markets Mixed Amid Caution Trades

Asian Markets Mixed Amid Caution Trades

Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.
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Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.
RTTNews | Pred 1 h 16 min
Japanese Market Notably Lower

Japanese Market Notably Lower

Giving up some of the gains in the previous two sessions, the Japanese market is notably lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 42,700 level, with weakness across most sectors led by exporters and technology stocks.
RTTNews | Pred 1 h 33 min
Additional Support Predicted For Indonesia Shares

Additional Support Predicted For Indonesia Shares

The Indonesia stock market has moved higher in two consecutive trading days, gathering almost 50 points or 0.6 percent in that span. The Jakarta Composite Index now sits just above the 7,950-point plateau and it may add to its winnings on Friday.
RTTNews | Pred 1 h 46 min
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday, giving up some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
RTTNews | Pred 1 h 54 min
Hong Kong Shares May Stop The Bleeding On Friday

Hong Kong Shares May Stop The Bleeding On Friday

The Hong Kong stock market has finished lower in three straight sessions, tumbling almost 830 points or 3.3 percent along the way. The Hang Seng Index now rests just beneath the 25,000-point plateau although it may find traction on Friday.
RTTNews | Pred 2 h 1 min
Higher Open Called For China Stock Market

Higher Open Called For China Stock Market

The China stock market on Thursday snapped the two-day losing streak in which it had stumbled more than 80 points or 2.1 percent. The Shanghai Composite Index now sits just above the 3,840-point plateau and it's expected to see additional support on Friday.
RTTNews | Pred 2 h 16 min