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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Taiwan Stock Market Due For Profit Taking
The Taiwan stock market has tracked higher in five straight sessions, advancing more than 750 points or 3.8 percent along the way. The Taiwan Stock Exchange now sits just above the 21,300-point plateau although investors figure to lock in gains on Friday.
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4 h 7 min atrás
Renewed Selling Pressure Tipped For Singapore Shares
The Singapore stock market rebounded on Thursday, one day after snapping the four-day winning streak in which it had advanced almost 50 points or 1.5 percent. The Straits Times Index now rests just beneath the 3,305-point plateau although it may head south again on Friday.
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4 h 37 min atrás
Malaysia Bourse May Hand Back Thursday's Gains
The Malaysia stock market bounced higher again on Thursday, one day after ending the two-day winning streak in which it had picked up more than 5 points or 0.3 percent. The Kuala Lumpur Composite Index now sits just above the 1,610-point plateau although it's likely to see renewed consolidation on Friday.
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5 h 7 min atrás
Rally May Stall For South Korea Stock Market
The South Korea stock market has moved higher in back-to-back sessions, advancing more than 25 points or 1 percent along the way. The KOSPI now sits just above the 2,750-point plateau although it may spin its wheels on Friday.
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5 h 37 min atrás
China Data On Tap For Friday
China is scheduled to release a batch of data on Friday, headlining a busy day for Asia-Pacific economic activity. On tap are April figures for industrial production, retail sales, fixed asset investment and unemployment.
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6 h 37 min atrás
TSX Ends Marginally Up
Canadian stocks remained subdued for almost the entire duration of the day's session on Thursday as investors largely refrained from making significant moves.
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7 h 1 min atrás
Dollar Rebounds, Gains Against Major Counterparts
The U.S. dollar climbed higher on Thursday, recovering from recent losses, lifted by data showing an increase in import prices, and hawkish comments from a couple of Fed officials.
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7 h 37 min atrás
Swiss Market Ends On Firm Note On Strong Earnings Updates
Swiss stocks stayed firm right through the day's trading session on Thursday thanks to sustained buying at several counters as investors reacted to earnings updates.
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11 h 17 min atrás
