DAX Climbs As Infineon Raises Outlook

RTTNews | 882 дней спустя
DAX Climbs As Infineon Raises Outlook

(RTTNews) - German stocks rose notably on Wednesday after top U.S. regulators tried to assure Congress that the overall financial system is still sound and the collapse of Silicon Valley Bank was a "textbook case of mismanagement".

The benchmark DAX jumped 104 points, or 0.7 percent, to 15,246 after finishing marginally higher in the previous session.

Infineon Technologies shares soared 7.3 percent. The chipmaker raised its outlook for both its financial second quarter and the whole of 2023.

Automaker Mercedes Benz fell nearly 2 percent on news that Kuwait's sovereign wealth fund is planning to reduce its stake in the luxury carmaker.

Nordex gained about 1 percent after it won contracts to supply and install 14 turbines from the Delta4000 series for three unnamed projects in Greece.

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Malaysia Bourse May Add To Its Winnings On Thursday

Malaysia Bourse May Add To Its Winnings On Thursday

The Malaysia stock market rebounded on Wednesday, one day after ending the three-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,585-point plateau and it's expected to open in the green again on Thursday.
RTTNews | 15 минут назад
Higher Open Called For Japan Stock Market

Higher Open Called For Japan Stock Market

The Japan stock market bounced higher again on Wednesday, one session after ending the two-day winning streak in which it had advanced almost 200 points or 0.5 percent. The Nikkei 225 now rests just above the 42,520-point plateau and it's expected to open to the upside again on Thursday.
RTTNews | 30 минут назад
KOSPI May Reclaim 3,200-Point Level

KOSPI May Reclaim 3,200-Point Level

The South Korea stock market bounced higher again on Wednesday, one day after ending the three-day winning streak in which it had improved almost 80 points or 2.6 percent. The KOSPI now sits just shy of the 3,190-point plateau and it may tick higher again on Thursday.
RTTNews | 45 минут назад
Korea Interest Rate Decision Due On Thursday

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RTTNews | 1ч 45мин назад
European Stocks Close On Mixed Note

European Stocks Close On Mixed Note

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RTTNews | 6ч 50мин назад
Euro Falls Amid Political Uncertainty

Euro Falls Amid Political Uncertainty

The euro weakened against other major currencies in the European session on Wednesday, as trader's concern about the collapse of France's government.
RTTNews | 11ч 6мин назад
Bay Street Likely To Open On Positive Note

Bay Street Likely To Open On Positive Note

Canadian shares are likely to open on a positive note on Wednesday, riding on strong earnings from Royal Bank of Canada and National Bank of Canada. Weak commodity prices and concerns on the geopolitical and tariffs front may weigh limit market's upside.
RTTNews | 11ч 32мин назад