DAX Slides As Banks Drag Amid Russian Turmoil

RTTNews | 689 дней спустя
DAX Slides As Banks Drag Amid Russian Turmoil

(RTTNews) - German stocks traded lower on Monday as investors reacted to signs of political instability in Russia and the latest German business sentiment reading for June.

The headline German IFO Business Climate Index fell to 88.5 in June from 91.5 in May (revised from 91.7) reflecting weakness in the manufacturing sector, according to data from the Ifo Institute. Analysts expected a score of 90.7.

The benchmark DAX was down 67 points, or 0.4 percent, at 15,762 after losing 1 percent on Friday.

The euro was seeing sideways movement after two consecutive sessions of declines. Automaker BMW dropped 1 percent, Mercedes-Benz shares fell 1.3 percent and Volkswagen was down half a percent.

Banks Commerzbank and Deutsche Bank were down 3.3 percent and 1.8 percent, respectively.

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Japanese Market Notably Lower

Japanese Market Notably Lower

Extending the losses in the previous two sessions, the Japanese market is notably lower on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling to near the 37,500 level, with weakness across most sectors led by index heavyweights, automakers and technology stocks.
RTTNews | 29 минут назад
Win Streak May Continue For Indonesia Bourse

Win Streak May Continue For Indonesia Bourse

The Indonesia stock market has finished higher in three straight sessions, improving more than 210 points or 3.1 percent in that span. The Jakarta Composite Index now rests just above the 7,040-point plateau and it's expected to extend its gains again on Friday.
RTTNews | 40 минут назад
Hang Seng Tipped To Open To The Upside On Friday

Hang Seng Tipped To Open To The Upside On Friday

The Hong Kong stock market has moved lower in two of three trading days since the end of the eight-day winning streak in which it had surged almost 1,600 points or 7.1 percent. The Hang Seng Index now sits just above the 23,450-point plateau and it's expected to bounce higher again on Friday.
RTTNews | 55 минут назад
Australian Market Significantly Higher

Australian Market Significantly Higher

The Australian stock market is trading significantly higher on Friday, adding to the gains in the previous seven sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving to near the 8,400 level, with gains across most sectors led by mining, financial and technology stocks.
RTTNews | 1ч 8мин назад
Renewed Support Anticipated For China Stock Market

Renewed Support Anticipated For China Stock Market

The China stock market on Thursday halted the three-day winning streak in which it had jumped almost 65 points or 1.9 percent. The Shanghai Composite Index now rests just above the 3,380-point plateau and it's tipped to open in the green on Friday.
RTTNews | 1ч 10мин назад
Higher Open Called For Taiwan Stock Market

Higher Open Called For Taiwan Stock Market

The Taiwan stock market on Thursday snapped the four-day winning streak in which it had surged almost 1,250 points or 6.2 percent. The Taiwan Stock Exchange now sits just above the 21,730-point plateau although it's likely to tick higher again on Friday.
RTTNews | 1ч 40мин назад
Singapore Stock Market May Extend Thursday's Gains

Singapore Stock Market May Extend Thursday's Gains

The Singapore stock market bounced higher again on Thursday, one day after ending the two-day winning streak in which it had gathered more than 30 points or 0.8 percent. The Straits Times Index now sits just above the 3,890-point plateau and it may add to its winnings on Friday.
RTTNews | 2ч 10мин назад
Japan GDP Slips 0.2% On Quarter In Q1

Japan GDP Slips 0.2% On Quarter In Q1

The Japanese economy contracted a seasonally adjusted 0.2 percent on quarter in the first quarter of 2025, the Cabinet Office said on Friday - missing expectations for a decline of 0.1 percent following the 0.6 percent gain in the three months prior.
RTTNews | 2ч 14мин назад