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DAX Up Nearly 1.5% On All-round Buying

RTTNews | 8 dias atrás

DAX Up Nearly 1.5% On All-round Buying

(RTTNews) - German stocks are up sharply on Tuesday with investors shrugging off tariff concerns and focusing on earnings updates and awaiting the Federal Reserve's monetary policy announcement due on Wednesday.

Mercedes-Benz, Siemens Healthineers, BASF and Adidas are scheduled to report their earnings on Wednesday. BMW, Heidelberg Materials and Linde are slated to announce their earnings later in the week.

The benchmark DAX was up 351.23 points or 1.47% at 24,295.74 a little while ago.

MTU Aero Engines is gaining more than 3%. Rheinmetall is up nearly 3%, while Siemens Energy is rising 2.5%.

Deutsche Bank, Siemens Healthineers, SAP, Fresenius Medical Care, Allianz, Siemens, Merck, RWE, Deutsche Boerse, BMW and Hannover Rueck are up 1 to 2%.

Shares of remote access software solutions provider TeamViewer SE are up more than 5% after the company confirmed its annual revenue outlook after reporting a rise in earnings for the first half.

Porsche, Symrise, BASF, Volkswagen and Vonovia are down 0.3 to 0.7%. Bayer and Porsche Automobil Holding are down marginally.

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China Stock Market Has Solid Lead For Thursday's Trade

China Stock Market Has Solid Lead For Thursday's Trade

The China stock market has tracked higher in three straight sessions, gathering almost 75 points or 2.2 percent along the way. The Shanghai Composite Index now sits just above the 3,630-point plateau and it's likely to open higher again on Thursday.

RTTNews | 21 minutos atrás

Rebound Anticipated For Taiwan Stock Market

Rebound Anticipated For Taiwan Stock Market

The Taiwan stock market headed south again on Wednesday, one day after ending the two-day losing streak in which it had slipped more than 270 points or 1.2 percent. The Taiwan Stock Exchange now sits just beneath the 23,450-point plateau although it's likely to bounce higher again on Thursday.

RTTNews | 51 minutos atrás

Higher Open Called For Singapore Stock Market

Higher Open Called For Singapore Stock Market

The Singapore stock market has climbed higher in three straight sessions, gathering more than 70 points or 1.7 percent along the way. The Straits Times Index now sits just above the 4,225-point plateau and it may see additional support again on Thursday.

RTTNews | 1 h 21 min atrás

South Korea Has $14.27 Billion Current Account Surplus

South Korea Has $14.27 Billion Current Account Surplus

South Korea had a current account surplus of $14.27 billion in June, the Bank of Korea said on Thursday - up from $10.14 billion in May.

RTTNews | 1 h 43 min atrás

Malaysia Shares Tipped To Open To The Upside

Malaysia Shares Tipped To Open To The Upside

The Malaysia stock market has moved higher in two straight sessions, collecting almost 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,540-point plateau and it's got another green light for Thursday's trade.

RTTNews | 1 h 51 min atrás

Japan Stock Market May Crack Resistance At 41,000 Points

Japan Stock Market May Crack Resistance At 41,000 Points

The Japan stock market has moved higher in back-to-back sessions, advancing more than 500 points or 1.2 percent along the way. The Nikkei 225 now sits just shy of the 40,800-point plateau and it's tipped to open in the green again on Thursday.

RTTNews | 2 h 6 min atrás

Win Streak May Continue For South Korea Shares

Win Streak May Continue For South Korea Shares

The South Korea stock market has moved higher in three straight sessions, advancing almost 80 points or 2.7 percent along the way. The KOSPI now sits just shy of the 3,200-point plateau and it may add to its winnings again on Thursday.

RTTNews | 2 h 21 min atrás

China Trade Data On Tap For Thursday

China Trade Data On Tap For Thursday

China will on Thursday release July figures for imports, exports and trade balance, highlighting a busy day for Asia-Pacific economic activity.

RTTNews | 3 h 21 min atrás

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