DAX Edges Lower On Interest-rate Concerns

RTTNews | 1048 dias atrás
DAX Edges Lower On Interest-rate Concerns

(RTTNews) - German stocks edged lower on Tuesday as investors fretted about the impact of higher interest rates on economic growth.

The benchmark DAX was down 48 points, or 0.3 percent, at 15,298 after losing 0.8 percent in the previous session.

Software provider TeamViewer soared 13 percent after it launched a share buyback and announced it is eyeing double digit growth in 2023.

Drug discovery and development firm Evotec SE fell 1.5 percent after its Supervisory Board appointed Laetitia Rouxel as new Chief Financial Officer and member of the Management Board effective 1 April 2023.

Siemens Energy declined 2.4 percent after its first-quarter net loss more than doubled.

Asian stocks ended mixed earlier today while U.S. equity futures fluctuated ahead of Fed Chair's Jerome Powell's speech due later in the day.

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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 trading on Monday, adding to the gains in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 8,650.00 level, with gains across most other sectors led by mining and technology stocks.
RTTNews | 1 h 22 min atrás
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, boosted by sharp gains in technology shares which mirrored their peers on the tech-heavy Nasdaq amid solid earnings news and easing concerns of a tech bubble. Optimism about more monetary easing by the US Fed following soft inflation data continues to lift the markets.
RTTNews | 1 h 26 min atrás
Thai Shares Tipped To Move Higher On Monday

Thai Shares Tipped To Move Higher On Monday

The Thai stock market of Friday ended the three-day losing streak in which it had stumbled more than 20 points or 1.8 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it's expected to open to the upside again on Monday.
RTTNews | 2 h 40 min atrás
Indonesia Bourse Poised To Snap Losing Streak

Indonesia Bourse Poised To Snap Losing Streak

The Indonesia stock market has moved lower in three straight sessions, shedding almost 80 points or 0.9 percent along the way. The Jakarta Composite Index now sits just beneath the 8,610-point plateau although it's due for support on Monday.
RTTNews | 3 h 10 min atrás
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese stock market is trading sharply higher on Monday, extending the gains in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving above the 50,400 level, with gains across most sectors led by index heavyweights, financial and technology stocks.
RTTNews | 3 h 14 min atrás
Hang Seng May Add To Its Winnings On Monday

Hang Seng May Add To Its Winnings On Monday

The Hong Kong stock market has moved higher in three straight sessions, collecting more than 450 points or 1.8 percent in that span. The Hang Seng Index now sits just beneath the 25,700-point plateau and it may see additional support on Monday.
RTTNews | 3 h 25 min atrás
China Stock Market May See Continued Strength

China Stock Market May See Continued Strength

The China stock market has moved higher in three straight sessions, advancing more than 65 points or 1.6 percent along the way. The Shanghai Composite Index now sits just above the 3,890-point plateau and it has a solid lead for Monday's trade.
RTTNews | 3 h 40 min atrás