European Shares Mixed In Lackluster Trade; Factory PMI Data Eyed

RTTNews | 236 dias atrás

(RTTNews) - European stocks traded mixed on Thursday as traders returned to their desks after the New Year holidays.

In economic releases, U.K. house prices grew 4.7 percent year-on-year in December, faster than the 3.7 percent increase in November and also stronger than economists' forecast of 3.8 percent gain., data from the Nationwide Building Society showed earlier today.

At the same time, on a monthly basis, house price inflation softened to 0.7 percent from 1.2 percent in November.

Investors await final factory Purchasing Managers' survey results from the euro area and the U.K. later in the day for important clues on how the manufacturing sector performed in the final month of 2024.

The pan-European STOXX 600 was down 0.1 percent at 507.08, slipping from near a two-week high after experiencing its steepest quarterly decline in over two years from October to December.

The German DAX and the U.K.'s FTSE 100 were little changed, while France's CAC 40 dipped half a percent.

Higher commodity prices lifted mining and energy stocks, with Antofagasta, Glencore and BP Plc all rising around 1 percent in London.

Vestas Wind Systems jumped 3.2 percent after the Danish wind turbine maker announced a number of supply orders in Europe in the second half of December that add up to over 1.2 GW of combined capacity.

Intrum AB, Europe's largest debt collector, soared 13 percent after a U.S. court approved its restructuring plan.

Vodafone edged up slightly after completing the sale of its Italian operations to Swisscom for €8 billion in cash.

Sensex, Nifty Deep In The Red On Tariff Worries

Indian shares opened on a sluggish note on Tuesday after the Trump administration officially issued a notice regarding the imposition of an additional 25 percent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.

RTTNews | 47 minutos atrás

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.

RTTNews | 2 h 0 min atrás

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.

RTTNews | 2 h 21 min atrás

Sensex, Nifty Seen Lower As US Notifies India Of Additional Tariffs

Indian shares may open on a weak note on Tuesday as enthusiasm over potential Federal Reserve rate cuts faded and caution set in ahead of the release of crucial U.S. inflation data as well as Nvidia quarterly results.

RTTNews | 2 h 52 min atrás

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 3 h 32 min atrás

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.

RTTNews | 3 h 59 min atrás

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 4 h 2 min atrás

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 4 h 17 min atrás

EURUSD	1.16344	GBPUSD	1.34611	AUDUSD	0.64782
USDJPY	147.794	USDCAD	1.38526	USDCHF	0.80545