DAX Slides As Italy's Draghi Resigns

RTTNews | 1069 дней спустя
DAX Slides As Italy's Draghi Resigns

(RTTNews) - German stocks fell on Thursday after Italian Prime Minister Mario Draghi offered his resignation to the president, in a move that will raise the prospect of snap elections as soon as early October.

Meanwhile, Russia resumed natural gas supplies to Germany, helping to ease worries about fallout on the economy.

The euro wilted as investors braced for the interest-rate decision from the European Central bank. A 25-bps hike is already priced in by markets.

The benchmark DAX slipped 110 points, or 0.8 percent, to 13,172 after declining 0.2 percent the previous day.

SAP tumbled 3.6 percent after the business software company lowered its 2022 profit outlook.

Sartorius soared 7.5 percent. The pharmaceutical and laboratory equipment supplier confirmed its 2022 outlook after reporting encouraging first-half results.

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Australian Market Slightly Higher

Australian Market Slightly Higher

Australian shares are trading slightly higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying above the 8,550 level, following the broadly positive cues from Wall Street overnight, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
RTTNews | 27 минут назад
China Stock Market May Extend Winning Streak

China Stock Market May Extend Winning Streak

The China stock market has tracked higher in two straight sessions, collecting more than 60 points or 1.8 percent along the way. The Shanghai Composite Index now sits just above the 3,420-point plateau and it's tipped to open to the upside again on Wednesday.
RTTNews | 29 минут назад
Taiwan Stock Market Has Solid Lead For Wednesday

Taiwan Stock Market Has Solid Lead For Wednesday

The Taiwan stock market has moved higher in two of three trading days since the end of the two-day winning streak in which it had risen more than 300 points or 1.3 percent. The Taiwan Stock Exchange now sits just beneath the 22,190-point plateau and it's expected to open higher again on Wednesday.
RTTNews | 59 минут назад
Additional Support Expected For Singapore Stock Market

Additional Support Expected For Singapore Stock Market

The Singapore stock market on Tuesday ended the four-day slid in which it had slumped almost 50 points or 1.3 percent. The Straits Times Index now sits just above the 3,900-point plateau, and it's expected to open to the upside again on Wednesday.
RTTNews | 1ч 29мин назад
Rebound Anticipated For Malaysia Stock Market

Rebound Anticipated For Malaysia Stock Market

The Malaysia stock market on Tuesday snapped the two-day winning streak in which it had picked up almost a dozen points or 0.7 percent. The Kuala Lumpur Composite Index now sits just shy of the 1,515-point plateau although it figures to bounce higher again on Wednesday.
RTTNews | 1ч 59мин назад
Japan Stock Market May Extend Tuesday's Gains

Japan Stock Market May Extend Tuesday's Gains

The Japan stock market on Tuesday wrote a finish to the three-day losing streak in which it had dropped more than 530 points or 1.4 percent. The Nikkei 225 now sits just above the 38,790-point plateau and it's expected to see additional support on Wednesday.
RTTNews | 2ч 14мин назад
South Korea Stock Market Tipped To Open To The Upside On Wednesday

South Korea Stock Market Tipped To Open To The Upside On Wednesday

The South Korea stock market bounced sharply higher again on Tuesday, one day after snapping the five-day winning streak in which it had rallied almost 130 points or 4.3 percent. The KOSPI now sits just above the 3,100-point plateau and it's expected to add to its winnings again on Wednesday.
RTTNews | 2ч 29мин назад