DAX Up Nearly 1.5% On All-round Buying

RTTNews | Pred 7 dňami
DAX Up Nearly 1.5% On All-round Buying

(RTTNews) - German stocks are up sharply on Tuesday with investors shrugging off tariff concerns and focusing on earnings updates and awaiting the Federal Reserve's monetary policy announcement due on Wednesday.

Mercedes-Benz, Siemens Healthineers, BASF and Adidas are scheduled to report their earnings on Wednesday. BMW, Heidelberg Materials and Linde are slated to announce their earnings later in the week.

The benchmark DAX was up 351.23 points or 1.47% at 24,295.74 a little while ago.

MTU Aero Engines is gaining more than 3%. Rheinmetall is up nearly 3%, while Siemens Energy is rising 2.5%.

Deutsche Bank, Siemens Healthineers, SAP, Fresenius Medical Care, Allianz, Siemens, Merck, RWE, Deutsche Boerse, BMW and Hannover Rueck are up 1 to 2%.

Shares of remote access software solutions provider TeamViewer SE are up more than 5% after the company confirmed its annual revenue outlook after reporting a rise in earnings for the first half.

Porsche, Symrise, BASF, Volkswagen and Vonovia are down 0.3 to 0.7%. Bayer and Porsche Automobil Holding are down marginally.

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Australian Market Notably Higher

Australian Market Notably Higher

Australian shares are trading notably higher on Wednesday, adding to the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 8,800 level, despite the broadly negative cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks.
RTTNews | Pred 17 minútami
Hong Kong Shares Due For Consolidation On Wednesday

Hong Kong Shares Due For Consolidation On Wednesday

The Hong Kong stock market has moved higher in consecutive trading days, advancing almost 400 points or 1.7 percent along the way. The Hang Seng Index now rests just above the 24,900-point plateau although investors may lock in gains on Wednesday.
RTTNews | Pred 19 minútami
Rally May Stall For China Stock Market

Rally May Stall For China Stock Market

The China stock market has tracked higher in consecutive trading days, gathering almost 60 points or 1.7 percent along the way. The Shanghai Composite Index now sits just shy of the 3,620-point plateau although it may spin its wheels on Wednesday.
RTTNews | Pred 34 minútami
New Zealand Jobless Rate Climbs To 5.2% In Q2

New Zealand Jobless Rate Climbs To 5.2% In Q2

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RTTNews | Pred 1 h 1 min
Taiwan Shares May Head South Again On Wednesday

Taiwan Shares May Head South Again On Wednesday

The Taiwan stock market on Tuesday wrote a finish to the two-day losing streak in which it had slipped more than 270 points or 1.2 percent. The Taiwan Stock Exchange now sits just above the 23,660-point plateau although it may see renewed consolidation on Wednesday.
RTTNews | Pred 1 h 4 min
Singapore Stock Market May Spin Its Wheels On Wednesday

Singapore Stock Market May Spin Its Wheels On Wednesday

The Singapore stock market has climbed higher in two straight sessions, gathering more than 50 points or 1.2 percent along the way. The Straits Times Index now sits just beneath the 4,210-point plateau although it may be stuck in neutral on Wednesday.
RTTNews | Pred 1 h 34 min
Malaysia Bourse May Hand Back Tuesday's Gains

Malaysia Bourse May Hand Back Tuesday's Gains

The Malaysia stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day losing streak in which it had fallen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,540-point plateau and it's likely to remain rangebound again on Wednesday.
RTTNews | Pred 2 h 4 min
Japan Shares May Turn Lower Again On Wednesday

Japan Shares May Turn Lower Again On Wednesday

The Japan stock market on Tuesday wrote a finish to the two-day slide in which it had tumbled almost 780 points or 1.8 percent. The Nikkei 225 now sits just shy of the 40,550-point plateau although it may head south again on Wednesday.
RTTNews | Pred 2 h 19 min