DAX Rises In Cautious Trade

RTTNews | Pred 884 dňami
DAX Rises In Cautious Trade

(RTTNews) - German stocks traded higher on Tuesday after an ECB survey showed medium inflation expectations for the next 12 months fell from 4.9 percent in January to 4.6 percent in February.

The benchmark DAX was up 98 points, or 0.6 percent, at 15,678 after declining 0.3 percent in the previous session.

Nordex Group gained 1.3 percent after signing a contract with E energija group to supply and install wind turbines for a 106 MW wind project in Lithuania.

Rheinmetall rose over 1 percent after its Materials and Trading division won three new orders for structural parts destined for e-mobility vehicles. The orders are each worth a figure in the double-digit million-euro range.

Bayer edged up slightly after a favorable court judgement over talc-related liabilities.

Tech shares such as Infineon Technologies were subdued as bond yields rose on fears of inflation emanating from OPEC+ slashing oil output by further 1.16 million barrels per day (bpd).

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German Construction Sector Downturn Deepens

German Construction Sector Downturn Deepens

Germany's construction sector shrank further in August largely due to the steep fall in new orders, survey results from S&P Global showed on Thursday. The HCOB construction Purchasing Managers' Index fell to 46.0 in August from July's 29-month high of 46.3.
RTTNews | Pred 32 minútami
Australia Trade Surplus At 17-Month High; Household Spending Growth Rises

Australia Trade Surplus At 17-Month High; Household Spending Growth Rises

Australia's trade surplus surged to the highest level in more than a year in July and household spending growth accelerated for the third straight month in July, official data showed on Thursday. The trade surplus increased unexpectedly to A$7.3 billion in July from A$5.4 billion in June, the Australian Bureau of Statistics said.
RTTNews | Pred 1 h 31 min
Sensex, Nifty Rally On GST Rejig

Sensex, Nifty Rally On GST Rejig

Indian shares opened on a buoyant note on Thursday after Finance Minister Nirmala Sitharaman announced significant GST rate cuts, effective September 22.
RTTNews | Pred 4 h 11 min
Australian Market Extends Early Strong Gains In Mid-market

Australian Market Extends Early Strong Gains In Mid-market

The Australian market is extending its early strong gains in mid-market moves on Thursday, snapping a four-session losing streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,800 level, with gains in mining, financial and technology stocks partially offset by weakness in energy stocks.
RTTNews | Pred 5 h 8 min
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, as traders remain optimistic that the US Fed will lower interest rates by at least a quarter point later this month after a report showed job openings in the U.S. fell to their lowest level in ten months in July. Asian markets closed mostly lower on Wednesday.
RTTNews | Pred 5 h 29 min
Sensex, Nifty Seen Higher As Investors React To GST Meeting Outcome

Sensex, Nifty Seen Higher As Investors React To GST Meeting Outcome

Indian shares look set to open higher on Thursday after the Goods and Services Tax (GST) Council approved a new dual-slab structure of 5 percent and 18 percent, and scrapped the existing 12 percent and 28 percent rates, in a landmark move aimed at simplifying India's indirect tax regime.
RTTNews | Pred 6 h 12 min
Thai Shares Tipped To Open In The Green On Thursday

Thai Shares Tipped To Open In The Green On Thursday

The Thai stock market has moved higher in three straight sessions, adding almost 24 points or 2 percent in that span. The Stock Exchange of Thailand now sits just shy of the 1,260-point plateau and it's got a positive lead again for Thursday's trade.
RTTNews | Pred 6 h 41 min