DAX Little Changed As Early Rate-cut Hopes Fade

RTTNews | 637 dias atrás
DAX Little Changed As Early Rate-cut Hopes Fade

(RTTNews) - German stocks were little changed on Wednesday as hotter-than-expected U.S. inflation data dented hopes for early rate cuts and geopolitical tensions continued in the Middle East and eastern Europe.

The benchmark DAX was marginally lower at 16,875 after declining 0.9 percent in the previous session.

Industrial services provider Bilfinger jumped 5.6 percent after bagging a large-scale maintenance contract from INEOS for the Forties Pipeline System.

Thyssenkrupp shares plummeted 9 percent after the engineering and steel conglomerate cut its full-year sales and profit targets, citing weakening demand and impairment losses in its fiscal first quarter.

Delivery Hero soared 4.5 percent. The online food company said it expects its organic cash flow generation to be more than sufficient to settle bond and debt maturities.

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Indonesia Bourse May Extend Wednesday's Gains

Indonesia Bourse May Extend Wednesday's Gains

The Indonesia stock market on Wednesday ended the two-day slide in which it had fallen almost 30 points or 0.4 percent. The Jakarta Composite Index now sits just beneath the 8,390-point plateau and it may add to its winnings on Thursday.
RTTNews | 1 h 3 min atrás
Hang Seng May Breach 27,000-Point Level

Hang Seng May Breach 27,000-Point Level

The Hong Kong stock market has moved higher in three straight sessions, advancing almost 675 points or 2.9 percent along the way. The Hang Seng Index now rests just above the 26,920-point plateau and it's expected to open to the upside again on Thursday.
RTTNews | 1 h 18 min atrás
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian market is trading modestly lower on Thursday, adding to the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,800 level, with weakness is financial, energy and technology stocks partially offset by gains in mining stocks.
RTTNews | 1 h 20 min atrás
China Shares May Find Traction On Thursday

China Shares May Find Traction On Thursday

The China stock market has moved lower in two straight sessions, sinking almost 20 points or 0.5 percent along the way. The Shanghai Composite Index now sits just above the 4,000-point plateau although it figures to move back to the upside on Thursday.
RTTNews | 1 h 33 min atrás
Mild Upside Seen For Taiwan Stock Market

Mild Upside Seen For Taiwan Stock Market

The Taiwan stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day losing streak in which it had given up more than 640 points or 2.3 percent. The Taiwan Stock Exchange now sits just beneath the 27,950-point plateau and it may tick higher again on Thursday.
RTTNews | 2 h 3 min atrás
Win Streak May Continue For Singapore Stock Market

Win Streak May Continue For Singapore Stock Market

The Singapore stock market has finished higher in back-to-back sessions, gathering more than 80 points or 1.8 percent along the way. The Straits Times Index now sits just beneath the 4,570-point plateau and it's expected to bounce higher again on Thursday.
RTTNews | 2 h 33 min atrás