DAX Dips On Weak Data

RTTNews | 623 days ago
DAX Dips On Weak Data

(RTTNews) - German stocks were slightly lower on Tuesday after a survey showed consumer confidence in the country weakened for a third consecutive month in November.

The forward-looking GfK index dropped to -28.1 from a revised -26.7 the previous month, as income expectations took a hit.

Meanwhile, the HCOB German manufacturing PMI improved to 40.7 in October from 39.6 in September - still deep in contraction territory. The services PMI fell to 48 from 50.3.

The benchmark DAX was down 47 points, or 0.3 percent, at 14,753 after finishing marginally higher the previous day.

In corporate news, Puma shares jumped nearly 4 percent after the sportswear brand stood by its full-year profit outlook.

read more
Mild Selling Pressure Tipped For Thai Stock Market

Mild Selling Pressure Tipped For Thai Stock Market

The Thai stock market ticked higher again on Monday, one session after ending the four-day winning streak in which it had surged almost 50 points or 4.6 percent. The Stock Exchange of Thailand now sits just beneath the 1,125-point plateau and it's likely to remain rangebound again on Tuesday.
RTTNews | 3h 23min ago
Indonesia Bourse May Hand Back Monday's Gains

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday ended the four-day losing streak in which it had slumped more than 60 points or 0.9 percent. The Jakarta Composite Index now sits just above the 6,900-point plateau although it's likely to turn lower again on Tuesday.
RTTNews | 3h 53min ago
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Tuesday, reversing the losses in the previous session, despite the broadly negative cues from Wall Street overnight, with the Nikkei 225 moving well above the 39,700 level, with gains in automakers and technology stocks.
RTTNews | 3h 55min ago
Hong Kong Bourse May Extend Losing Streak

Hong Kong Bourse May Extend Losing Streak

The Hong Kong stock market has finished lower in three straight sessions, sinking more than 330 points or 1.4 percent along the way. The Hang Seng Index now sits just shy of the 23,890-point plateau and it's tipped to open to the downside again on Tuesday.
RTTNews | 4h 8min ago
China Bourse May Spin Its Wheels On Tuesday

China Bourse May Spin Its Wheels On Tuesday

The China stock market has moved higher in three straight sessions, collecting almost 20 points or 0.6 percent along the way. The Shanghai Composite Index now sits just above the 3,470-point plateau although the rally may stall on Tuesday.
RTTNews | 4h 23min ago
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,600 level, with weakness in iron ore miners and mixed performance in most other sectors.
RTTNews | 4h 26min ago