DAX Extends Gains As Bank Worries Fade

RTTNews | Před 859 dny
DAX Extends Gains As Bank Worries Fade

(RTTNews) - German stocks rose on Thursday to extend gains from the previous session amid receding concerns over the global banking sector.

The benchmark DAX jumped 166 points, or 1.1 percent, to 15,495 after climbing 1.2 percent in the previous session.

Q.beyond rose about half a percent. The Cloud and ICT provider said it expects higher revenues in fiscal 2023, while margin would be in line or above last year.

Solar technology manufacturer SMA Solar soared 16 percent after raising its annual growth targets for 2023.

Diagnostics specialist Stratec fell about 1 percent after publishing its final figures for 2022.

Media, services and education company Bertelsmann advanced 1.6 percent after forecasting stable operating profit and higher revenues in FY23.

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Eurozone Private Sector Continues To Expand

Eurozone Private Sector Continues To Expand

Euro area private sector remained in the expansionary territory in July but the rate of growth remained sluggish as stagnant demand pulled back production, final survey results of the purchasing managers' survey by S&P Global showed on Tuesday. The HCOB composite output index rose to 50.9 in July from 50.6 in June. The flash reading was 51.0. A score above 50.0 indicates expansion.
RTTNews | Před 21 minutami
Bay Street May Open Slightly Higher

Bay Street May Open Slightly Higher

Canadian stocks may open on a positive note Tuesday morning amid expectations of a rate cut by the Federal Reserve next month. The focus will be on trade talks between Canad and Mexico.
RTTNews | Před 32 minutami
FTSE 100 Advances On Upbeat Earnings

FTSE 100 Advances On Upbeat Earnings

The UK market is modestly higher on Tuesday, extending gains from previous session, thanks to some upbeat corporate earnings announcements, and expectations that the Federal Reserve will cut interest rate in the near future to spur economic growth.
RTTNews | Před 1 h 1 min
Pound Rises As Traders Await BoE Monetary Policy Meeting

Pound Rises As Traders Await BoE Monetary Policy Meeting

The British pound strengthened against other major currencies in the European session on Tuesday, as traders shift their focus to the Bank of England's (BoE) monetary policy announcement on Thursday.
RTTNews | Před 1 h 12 min
CAC 40 Modestly Higher

CAC 40 Modestly Higher

The French stock market is modestly higher Tuesday afternoon with investors mostly reacting to earnings updates and a mixed batch of regional economic data. Expectations of a rate cut by the Federal Reserve sometime soon aid sentiment a bit.
RTTNews | Před 1 h 32 min
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Tuesday.
RTTNews | Před 2 h 5 min
DAX Up Nearly 0.8%; Infineon Rises Sharply On Strong Earnings

DAX Up Nearly 0.8%; Infineon Rises Sharply On Strong Earnings

German stocks are up in positive territory on Tuesday, gaining for a second straight session, as investors continue to focus on earnings and other corporate news, even while continuing to follow the developments on the trade front ahead of new tariffs that come into force later in the week.
RTTNews | Před 2 h 6 min