DAX Dips On Weak Data

RTTNews | vor 673 Tagen
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.

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KOSPI May Reclaim 3,200-Point Level

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The South Korea stock market bounced higher again on Wednesday, one day after ending the three-day winning streak in which it had improved almost 80 points or 2.6 percent. The KOSPI now sits just shy of the 3,190-point plateau and it may tick higher again on Thursday.
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Korea Interest Rate Decision Due On Thursday

Korea Interest Rate Decision Due On Thursday

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RTTNews | vor 6Std 16 Minuten
Euro Falls Amid Political Uncertainty

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The euro weakened against other major currencies in the European session on Wednesday, as trader's concern about the collapse of France's government.
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Bay Street Likely To Open On Positive Note

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European Stocks Turning In Mixed Performance

European Stocks Turning In Mixed Performance

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RTTNews | vor 11Std 24 Minuten
FTSE 100 Flat In Lackluster Trade; Bank Stocks Drifting Lower

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