DAX Little Changed In Lackluster Trade; Banks Gain

RTTNews | 672 dias atrás
DAX Little Changed In Lackluster Trade; Banks Gain

(RTTNews) - German stocks were little changed on Monday after China's GDP data for the second quarter came in below estimates, raising concerns about recovery in the world's second-largest economy.

The benchmark DAX was down 13 points at 16,091 after declining 0.2 percent on Friday. Eurozone bond yields treaded water while the dollar index stabilized after having fallen over 2 percent last week to touch its weakest level since April.

Banks traded higher, with Commerzbank and Deutsche Bank rising around 1 percent each. Medical and safety technology provider Draegerwerk AG & Co. KGaA edged up slightly.

The company reported that its preliminary net sales for the second quarter of 2023 increased 18.1 percent year-over-year to about 771 million euros, while it was up 21.1 percent at net of currency effects.

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Australian Market Halves Early Gains In Mid-market

Australian Market Halves Early Gains In Mid-market

The Australian stock market is halving its early gains in mid-market trading on Tuesday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,300 level, with gains in technology and financial stocks partially offset a mixed performance in mining and energy stocks.
RTTNews | 58 minutos atrás
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as traders remain cautiously optimistic on the outlook for markets after the U.S.-China temporary trade truce. They now stay focused on the outcome of US trade negotiations with India and Japan. Some traders also locked in profits following the recent upside in the markets.
RTTNews | 1 h 23 min atrás
Sensex, Nifty Set To Follow Global Peers Higher

Sensex, Nifty Set To Follow Global Peers Higher

Indian shares look set to open higher on Tuesday, tracking firm cues from global markets as China cut its benchmark lending rates for the first time in 7 months to boost its struggling economy amid rising trade tensions.
RTTNews | 1 h 54 min atrás
Flat Lead Called For Thai Stock Market

Flat Lead Called For Thai Stock Market

The Thai stock market has alternated between positive and negative finishes through the last nine trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just above the 1,185-point plateau and it figures to see little movement on Tuesday.
RTTNews | 2 h 30 min atrás
Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese stock market is trading significantly higher on Tuesday, snapping a four-session losing streak, following the broadly positive cues from Wall Street overnight, with the Nikkei 225 moving up to near the 37,800 level, with gains across all sectors led by index heavyweights and technology stocks.
RTTNews | 2 h 52 min atrás
Indonesia Bourse Due For Profit Taking

Indonesia Bourse Due For Profit Taking

The Indonesia stock market has finished higher in five straight sessions, improving more than 310 points or 4.5 percent in that span. The Jakarta Composite Index now rests just above the 7,140-point plateau although investors may lock in gains on Tuesday.
RTTNews | 3 h 0 min atrás