DAX Edges Up Slightly Ahead Of Inflation Data

RTTNews | Pred 29 dňami
DAX Edges Up Slightly Ahead Of Inflation Data

(RTTNews) - German stocks edged up slightly on Monday as preliminary data showed inflation rose in four important German states in April.

National inflation data due out later in the day may influence trading sentiment, heading into the release of the euro zone inflation data on Tuesday.

The benchmark DAX was up 32 points, or 0.2 percent, at 18,193 after climbing 1.4 percent on Friday.

In corporate news, Deutsche Bank shares slumped 5.2 percent.

The lender has provided updates on the ongoing litigation concerning its acquisition of Postbank, revealing that a legal provision will affect its second-quarter and full-year profitability as well as capital ratios.

The total estimated amount of all claims, inclusive of accumulated interest, stands at about 1.3 billion euros.

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Asian Markets Mostly Lower

Asian Markets Mostly Lower

Asian stock markets are mostly lower on Wednesday, following the mixed cues from Wall Street overnight, as skepticism over the outlook for interest rates continue ahead of the release of key inflation readings from the U.S. and Europe later in the week. Asian markets closed mostly lower on Tuesday.
RTTNews | Pred 4 h 57 min
Steady Start Anticipated For Thai Stock Market

Steady Start Anticipated For Thai Stock Market

The Thai stock market turned lower again on Tuesday, one say after ending the four-day losing streak in which it had dropped almost 20 points or 1.4 percent. The Stock Exchange of Thailand now sits just above the 1,360-point plateau and it's expected to see little movement on Wednesday.
RTTNews | Pred 6 h 24 min
Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese stock market is notably lower on Wednesday after opening in the green, extending the slight losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling to stay a tad above the 38,700 level, with weakness in some index heavyweights amid a spike in global bond yields.
RTTNews | Pred 6 h 33 min
Australia Construction Work Slumps 2.9% In Q1

Australia Construction Work Slumps 2.9% In Q1

The value of total construction work done in Australia was down a seasonally adjusted 2.9 percent on quarter in the first quarter of 2024, the Australian Bureau of Statistics said on Wednesday - coming in at A$64.032 billion.
RTTNews | Pred 6 h 39 min
Soft Start Predicted For Indonesia Stock Market

Soft Start Predicted For Indonesia Stock Market

The Indonesia stock market has finished higher in two of three trading days since the end of the two-day slide in which it had stumbled more than 130 points or 1.9 percent. The Jakarta Composite Index now sits just above the 7,250-point plateau although it may head south again on Wednesday.
RTTNews | Pred 6 h 54 min
Australian Market Significantly Lower

Australian Market Significantly Lower

Australian shares are trading significantly lower on Wednesday, extending the losses in the previous six sessions, with the benchmark S&P/ASX 200 falling to stay a tad above the 7,700 level, following the mixed cues from Wall Street overnight, with weakness across most sectors led by mining and financial stocks.
RTTNews | Pred 7 h 5 min
Hong Kong Shares May Be Stuck In Neutral On Wednesday

Hong Kong Shares May Be Stuck In Neutral On Wednesday

The Hong Kong stock market moved lower again on Tuesday, one day after halting the four-day slide in which it had plummeted more than 1,030 points or 5.5 percent. The Hang Seng Index now sits just above the 18,820-point plateau and it's likely to open slightly lower on Wednesday.
RTTNews | Pred 7 h 9 min