DAX Edges Higher As China Eases COVID Rules

RTTNews | Pred 878 dňami
DAX Edges Higher As China Eases COVID Rules

(RTTNews) - German stocks were slightly higher on Friday as China's drastic policy shift towards relaxing many of its quarantine and testing requirements raised hopes of improved consumer demand.

A cautious undertone prevailed as investors braced for key U.S. inflation data due later in the day and next week's FOMC rate decision.

The benchmark DAX was up 24 points, or 0.2 percent, at 14,289 after ending flat with a positive bias the previous day.

Real estate company Vonovia SE dropped about half a percent. The company said that it intends to appoint Clara Streit as Chair of the company's Supervisory Board at the AGM on 17 May 2023.

Medical technology firm Carl Zeiss Meditec plummeted almost 8 percent after issuing a weak profit guidance for the first quarter.

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Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Monday, snapping a seven-session winning streak, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,200.00 level, with weakness in energy and financial stocks partially offset by gains in iron ore miners and technology stocks.
RTTNews | Pred 1 h 40 min
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Monday, following the broadly positive cues from Wall Street on Friday, with some of the major markets in the region closed, including China, Hong Kong and Japan. Traders are optimistic and react to indications China is open to trade talks with the U.S. Asian markets closed mostly higher on Friday.
RTTNews | Pred 1 h 50 min
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is modestly higher on Monday, snapping a seven-session winning streak, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 8,200.00 level, with gains is iron ore miners and technology stocks partially offset by weakness in energy and financial stocks.
RTTNews | Pred 3 h 57 min
Higher Open Anticipated For Indonesia Shares

Higher Open Anticipated For Indonesia Shares

The Indonesia stock market has moved higher in five straight sessions, advancing almost 210 points or 3.3 percent along the way. The Jakarta Composite Index now rests just above the 6,815-point plateau and it's tipped to open in the green again on Monday.
RTTNews | Pred 4 h 36 min
Overbought Taiwan Bourse Nonetheless Called Higher On Monday

Overbought Taiwan Bourse Nonetheless Called Higher On Monday

The Taiwan stock market has finished higher in five straight trading days, rallying more than 1,300 points or 6.4 percent in that span. The Taiwan Stock Exchange now sits just above the 20,780-point plateau and it's got another solid lead for Monday's trade.
RTTNews | Pred 5 h 6 min
Australia Services PMI Slips In April - S&P Global

Australia Services PMI Slips In April - S&P Global

The services sector in Australia continued to expand in April, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a services PMI score of 51.0.
RTTNews | Pred 5 h 8 min