DAX Edges Lower In Lackluster Trade; Deutsche Bank Shares Up 7%

RTTNews | 575 dias atrás
DAX Edges Lower In Lackluster Trade; Deutsche Bank Shares Up 7%

(RTTNews) - German stocks fell slightly on Wednesday, as investors digested the latest set of earnings reports and kept a wary eye on the situation in the Middle East amidst reports of an imminent ground invasion of Gaza by Israel.

Meanwhile, a survey showed earlier today that German business morale improved more than expected in October, following five consecutive months of decline.

The headline IFO Business Climate Index came in at 86.9 in October, up from the previous month's reading of 85.7.

The benchmark DAX was down 24 points, or 0.2 percent, at 14,856 after rising half a percent in the previous session.

Frankfurt-listed shares of Alphabet plunged 7 percent after revenue from Google's Cloud division missed estimates.

Microsoft rallied 3.2 percent after beating Wall Street estimates in all segments.

Deutsche Bank soared 7 percent as the lender flagged dividends and buybacks over the next two years after posting better-than-expected third-quarter profit.

Nivea maker Beiersdorf AG rose 1.3 percent after raising its full-year sales guidance.

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Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market moves on Friday, reversing some of the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving to near the 8,400 level, with gains is financial and technology stocks partially offset by weakness in mining and energy stocks.
RTTNews | 16 minutos atrás
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, as US Treasury yields eased on improved US data and comments from a US Fed official that he still sees a path to interest rate cuts later this year. Concerns about the fiscal impact of the US Republican tax cut bill is weighing on the markets. Asian markets ended mostly lower on Thursday.
RTTNews | 37 minutos atrás
Sensex, Nifty Seen Higher At Open

Sensex, Nifty Seen Higher At Open

Indian shares are seen opening a tad higher on Friday as U.S. Treasury yields eased on improved U.S. data and comments from a Federal Reserve official that he still sees a path to interest rate cuts later this year.
RTTNews | 1 h 0 min atrás
Thai Bourse May Extend Losing Streak

Thai Bourse May Extend Losing Streak

The Thai stock market has finished lower in two straight sessions, giving away more than 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,175-point plateau and it may tick lower again on Friday.
RTTNews | 1 h 36 min atrás
Japanese Market Notably Higher

Japanese Market Notably Higher

Reversing the losses in the previous two sessions, the Japanese market is notably higher on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 37,250 level, with gains across most sectors led by index heavyweights, exporters and technology stocks.
RTTNews | 2 h 4 min atrás
Indonesia Stock Market May Spin Its Wheels On Friday

Indonesia Stock Market May Spin Its Wheels On Friday

The Indonesia stock market has moved higher in two straight sessions, gathering more than 70 points or 1 percent along the way. The Jakarta Composite Index now rests just above the 7,165-point plateau, although the rally may stall on Friday.
RTTNews | 2 h 6 min atrás
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Friday after opening in the red, reversing some of the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving to near the 8,400 level, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
RTTNews | 2 h 21 min atrás
Hong Kong Shares Expected To Open To The Downside

Hong Kong Shares Expected To Open To The Downside

The Hong Kong stock market on Thursday ended the two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just beneath the 23,550-point plateau and it's tipped to open in the red again on Friday.
RTTNews | 2 h 21 min atrás