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DAX Declines As Yields Stay High

RTTNews | Pred 290 dňami

DAX Declines As Yields Stay High

(RTTNews) - German stocks were moving lower on Monday as elevated government bond yields prompted investors to book some profits ahead of the year end.

The 10-year German bund yield traded at its highest since mid-November, tracking a rise in U.S. Treasury yields amid uncertainty about Trump's policies and the Federal Reserve's rate path next year.

The benchmark DAX was down 75 points, or 0.4 percent, at 19,909 after rising 0.7 percent on Friday.

Technology stocks declined, with Infineon Technologies falling nearly 1 percent.

Siemens Healthineers dropped half a percent after Siemens AG's Chief Financial Officer Ralf Thomas told the Handelsblatt newspaper that the company is reviewing its majority stake in medical technology subsidiary. Shares of the latter were down 0.4 percent.

BayWa jumped 19 percent after the renewables firm announced plans to reduce its employees to 1500 by the end of 2027 from 4250 now as part of a restructuring.

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Singapore Bourse May Extend Thursday's Losses

Singapore Bourse May Extend Thursday's Losses

The Singapore stock market headed south again on Thursday, one day after snapping the five-day losing streak in which it had stumbled almost 120 points or 2.9 percent. The Straits Times Index now rests just beneath the 4,360-point plateau and it may take further damage on Friday.

RTTNews | Pred 34 minútami

Malaysia Bourse May Remain Stuck In Neutral

Malaysia Bourse May Remain Stuck In Neutral

The Malaysia stock market has moved higher in two straight sessions, although it has picked up less than a point in that span. The Kuala Lumpur Composite Index now sits just above the 1,610-point plateau and little movement is expected again on Friday.

RTTNews | Pred 1 h 4 min

Nikkei May See Profit Taking On Friday

Nikkei May See Profit Taking On Friday

The Japanese stock market has climbed higher in two straight sessions, rallying more than 1,425 points or 2.8 percent along the way. The Nikkei 225 now sits just above the 48,275-point plateau although investors may lock in gains on Friday.

RTTNews | Pred 1 h 19 min

KOSPI May Run Out Of Steam On Friday

KOSPI May Run Out Of Steam On Friday

The South Korea stock market has tracked higher in back-to-back sessions, accelerating almost 190 points or 5 percent in that span. Now at another fresh record closing high, the KOSPI rests just beneath the 3,750-point plateau although the rally may stall on Friday.

RTTNews | Pred 1 h 34 min

Canadian Dollar Falls Against Most Majors

Canadian Dollar Falls Against Most Majors

The Canadian dollar weakened against its most major counterparts in the New York session on Thursday.

RTTNews | Pred 2 h 5 min

Singapore Export Data Due On Friday

Singapore Export Data Due On Friday

Singapore will on Friday release September numbers for non-oil domestic exports, highlighting a light day for Asia-Pacific economic activity. In August, NODX were down 8.9 percent on month and 11.3 percent on year.

RTTNews | Pred 2 h 34 min

Canadian Market Pares Early Gains; Materials Stocks Stay Firm

Canadian Market Pares Early Gains; Materials Stocks Stay Firm

After opening on a firm note and climbing further up north, the Canadian market pared gains and drifted down into negative territory on Thursday, weighed down by losses in energy, financials and industrials sectors.

RTTNews | Pred 6 h 18 min

Swiss Market Ends On Strong Note

Swiss Market Ends On Strong Note

Swiss stocks closed on a strong note on Thursday, tracking positive cues from other markets across Europe, amid rising prospects of another rate cut by the Federal Reserve, and easing political tensions in France.

RTTNews | Pred 6 h 48 min

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