DAX Rises Amidst Cautious Optimism

RTTNews | Pred 71 dňami
DAX Rises Amidst Cautious Optimism

(RTTNews) - Amidst a mood of caution, the DAX index that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange gained more than a quarter percent on Monday. Concerns about geopolitical tensions as well as the global trade war however lingered.

The DAX is currently trading 0.29 percent higher at 23,567.02, versus the previous close of 23,499.40. The day's trading ranged between a high of 23,621.65 and a low of 23,502.65.

In the 40-scrip index, only 13 scrips are trading in the overnight red zone. Siemens Energy topped with overnight gains of 2 percent. Daimler Truck Holding followed with gains of 1.9 percent. Deutsche Bank and Deutsche Borse, both rallied more than a percent.

Symrise topped losses with a decline of 3.7 percent. Beiersdorf and Sartorius have both declined more than 1 percent.

While the Dollar's weakness has dragged the six-currency Dollar Index to 97.99, the EUR/USD pair has rallied 0.22 percent. It is currently at 1.1578 after ranging between 1.1587 and 1.1524. The EUR/GBP pair has added 0.11 percent to 0.8525. The EUR/JPY pair has also increased 0.27 percent to 166.91.

Amidst a softening in global risk aversion and safe-haven demand, German bond yields have increased 0.91 percent overnight to 2.5590 percent. The yield which was at 2.5360 percent at the previous close ranged between 2.5880 percent and 2.5340 percent in the day's trading.

read more
Australian Market Modestly Higher

Australian Market Modestly Higher

Australian shares are trading modestly higher on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 8,950 level, following the broadly positive cues from Wall Street overnight, with gains in mining and financial stocks.
RTTNews | Pred 12 minútami
Hong Kong Shares Expected To Open To The Upside

Hong Kong Shares Expected To Open To The Upside

The Hong Kong stock market on Tuesday ended the two-day winning streak in which it had advanced more than 825 points or 3.4 percent. The Hang Seng Index now rests just above the 25,520-point plateau although it may find renewed support on Wednesday.
RTTNews | Pred 21 minútami
Higher Open Called For China Stock Market

Higher Open Called For China Stock Market

The China stock market on Tuesday halted the four-day winning streak in which it had rallied almost 160 points or 4.4 percent. The Shanghai Composite Index now sits just beneath the 3,870-point plateau although it may move back to the upside again on Wednesday.
RTTNews | Pred 36 minútami
Win Streak May Continue For Taiwan Stock Market

Win Streak May Continue For Taiwan Stock Market

The Taiwan stock market has tracked higher in back-to-back sessions, gathering almost 540 points or 2.2 percent along the way. The Taiwan Stock Exchange now rests just above the 24,300-point plateau and it may add to its winnings again on Wednesday.
RTTNews | Pred 1 h 6 min
Singapore Stock Market Expected To Open In The Green

Singapore Stock Market Expected To Open In The Green

The Singapore stock market on Tuesday snapped the five-day winning streak in which it had climbed almost 70 points or 1.6 percent. The Straits Times Index now sits just above the 4,240-point plateau although it may move back above water on Wednesday.
RTTNews | Pred 1 h 36 min
Malaysia Stock Market Expected To Open To The Upside On Wednesday

Malaysia Stock Market Expected To Open To The Upside On Wednesday

The Malaysia stock market on Tuesday wrote a finish to the three-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,580-point plateau although it's likely to rebound on Wednesday.
RTTNews | Pred 2 h 6 min
Japan Stock Market May See Renewed Support

Japan Stock Market May See Renewed Support

The Japan stock market on Tuesday halted the two-day winning streak in which it had advanced almost 200 points or 0.5 percent. The Nikkei 225 now rests just beneath the 42,400-point plateau although it's expected to open in the green on Wednesday. The global forecast for the Asian markets is cautiously optimistic, with tech shares likely to rise ahead of key earnings news later in the day. The European markets were down and the U.S. bourses were up and the Asian markets figures to follow the latter lead. The Nikkei finished sharply lower on Tuesday following losses from the financial shares, technology stocks and automobile producers. For the day, the index slumped 413.42 points or 0.97 percent to finish at 42,394.40 after trading between 42,137.62 and 42,703.27. Among the actives, Nissan Motor plummeted 6.25 percent, while Mazda Motor added 0.40 percent, Toyota Motor retreated 1.41 percent, Honda Motor tumbled 1.71 percent, Softbank Group dropped 0.91 percent, Mitsubishi UFJ Financial sank 0.72 percent, Mizuho Financial shed 0.45 percent, Sumitomo Mitsui Financial skidded 1.01 percent, Mitsubishi Electric tumbled 1.91 percent, Sony Group declined 1.87 percent, Panasonic Holdings slumped 1.11 percent and Hitachi contracted 1.63 percent.
RTTNews | Pred 2 h 21 min
Rebound Tipped For South Korea Stock Market

Rebound Tipped For South Korea Stock Market

The South Korea stock market on Tuesday ended the three-day winning streak in which it had improved almost 80 points or 2.6 percent. The KOSPI now sits just shy of the 3,180-point plateau although it may reverse those losses on Wednesday. The global forecast for the Asian markets is cautiously optimistic, with tech shares likely to rise ahead of key earnings news later in the day. The European markets were down and the U.S. bourses were up and the Asian markets figures to follow the latter lead.
RTTNews | Pred 2 h 36 min