DAX Rebounds After Tuesday's Selloff
(RTTNews) - German stocks were moving higher on Wednesday after suffering heavy losses in the previous session on concerns over heightened geopolitical tensions in the Middle East and uncertainty over the Federal Reserve's rate trajectory.
The benchmark DAX was up 84 points, or half a percent, at 17,850 after losing 1.4 percent the previous day.
Adidas jumped 6.4 percent. The sportswear giant upped its full-year guidance after posting better-than-expected preliminary results for the first quarter.
HELLA GmbH & Co. KgaA, an automotive parts supplier, edged up slightly after sales for the first quarter came in unchanged from last year.
Continental lost 4.3 percent after reporting preliminary Q1 results below market expectations.
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Additional Support Anticipated 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 advanced almost 35 points or 2.5 percent. The Stock Exchange of Thailand now sits just above the 1,360-point plateau
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4h 4min ago
China Manufacturing Sector Accelerates In April - Caixin
The manufacturing sector in China continued to expand in April, and at a faster pace, the latest survey from Caixin said on Tuesday with a manufacturing PMI score of 51.4.
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4h 14min ago
Australia Private Sector Credit Adds 0.3% In March
Private sector credit in Australia was up 0.3 percent on month in March, the Reserve Bank of Australia said on Tuesday - missing forecasts for 0.4 percent and down from 0.5 percent in February.
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4h 17min ago
China Manufacturing PMI Slows To 50.4 In April - NBS
The manufacturing sector in China continued to expand in April, albeit at a slower pace, the National Bureau of Statistics said on Tuesday with a manufacturing PMI score of 50.4.
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4h 23min ago
Australia Retail Sales Slump 0.4% In March
The total value of retail sales in Australia was down a seasonally adjusted 0.4 percent on month in March, the Australian Bureau of Statistics said on Tuesday - coming in at A$35.663 billion.
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4h 27min ago
Indonesia Bourse May Add To Its Winnings On Tuesday
The Indonesia stock market on Monday ended the two-day slide in which it had tumbled almost 140 points or 2 percent. The Jakarta Composite Index now sits just above the 7,155-point plateau and it's called higher again on Tuesday.
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4h 34min ago
Australian Market Slightly Higher
Adding to the gains in the previous session, the Australian stock market is slightly higher on Tuesday, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 7,600 level, with gains in iron ore miners partially offset by weakness in energy stocks. Other sectors were mixed.
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4h 44min ago
Hong Kong Shares Overdue For Consolidation On Tuesday
The Hong Kong stock market has moved higher in six straight sessions, gathering almost 1,570 points or 9.2 percent along the way. The Hang Seng Index now sits just beneath the 17,750-point plateau and it's expected to at least open higher again on Tuesday.
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4h 49min ago
